Gold Prices Stabilize Near Record Highs

Gold prices remained stable on Friday, hovering near record levels and heading for a sixth consecutive weekly gain. The upward trend is fueled by concerns over global trade tensions and increasing demand for safe-haven assets.

Spot gold rose 0.1% to $2,859.59 per ounce, while U.S. gold futures climbed 0.3% to $2,884.20.

Earlier this week, gold reached an all-time high of $2,882.16.

As for other precious metals:
Silver gained 0.1%, reaching $32.24 per ounce.
Platinum increased 0.2%, hitting $987.38.
Palladium remained steady at $978.63.