Market Turbulence Hits Precious Metals

The precious metals market experienced significant fluctuations on Friday, with gold leading the decline. This movement comes as traders react to potential easing in US-China trade disputes, including reports of China considering duty waivers for certain US products.

Detailed Price Movements

At 9:18 am ET, gold prices decreased by 2.30%, trading at $3,272.27 per ounce. Shortly after, at 9:19 am ET, silver dipped by 1.32% to $33.14 per ounce, while platinum saw a 0.58% decline, selling for $969.96. Palladium also experienced a downturn, declining by 0.83% to $926.72.