Gold prices were largely ?steady on Friday, as caution ?before key U.S. ?employment data kept investors from making big moves, with dollar strength limiting upside momentum.
Spot gold edged 0.1% lower to $4,471.58 U.S. per ounce, though it ?was ?set for a more than 3% weekly gain. Bullion ?hit a record high of $4,549.71 on December 26.
The U.S. dollar climbed to a one-month high as markets braced for an approaching Supreme Court decision on President Donald Trump’s use of emergency tariff powers. A stronger dollar makes greenback-priced bullion more expensive for other currency holders.
On the geopolitical front, the Russian military said it had fired its hypersonic Oreshnik missile at a target in Ukraine.
Spot silver gained 1.4% to $77.96 U.S. per ounce and was on track to log a more than 7% weekly ?rise.
Spot platinum rose 1.4% to $2,297.80 U.S. per ounce after scaling a record of $2,478.50 last Monday. Palladium climbed 3.6% to $1,850.92 U.S. per ounce. Both metals were set for weekly gains as well.
