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Gold rises slightly, heads for weekly gains

(Agencies)
8 May 2026 08:30

WASHINGTON (AGENCIES)

The price of gold rose slightly on Friday, heading towards achieving weekly gains.

Spot gold increased by 0.3% to $4,700.80 per ounce as of 00:59 GMT, recording a 1.9% rise since the beginning of the week so far.

Meanwhile, US gold futures for June delivery remained steady at $4,709.90 per ounce.

Silver in spot transactions rose by 0.8% to $79.10 per ounce, platinum increased by 0.5% to $2,032.70, while palladium gained 0.1% to $1,482.50.

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