Gold futures inched higher on Friday but remained in a tight range as traders were in standby mode before the US jobs data.
Gold to be delivered in June squeezed out a 50 cents profit to $1,285.10 per ounce in electronic trade, while May silver added a penny to $19.81 per ounce.
A day before, gold rendered a bunch of its latest gains as the dollar went up following the European Central Bank’s decision not to change interest rates.
In metals trading, July platinum slipped $4.70 or 0.3%, to $1,440.80 per ounce, while June palladium erased $2.05 or 0.3%, to $786.80 per ounce.
High-grade copper to be delivered in May gained one cent to $3.03 per pound.
The material has been provided by InstaForex Company – www.instaforex.com
Gold futures inched higher on Friday but remained in a tight range as traders were in standby mode before the US jobs data.
Gold to be delivered in June squeezed out a 50 cents profit to $1,285.10 per ounce in electronic trade, while May silver added a penny to $19.81 per ounce.
A day before, gold rendered a bunch of its latest gains as the dollar went up following the European Central Bank’s decision not to change interest rates.
In metals trading, July platinum slipped $4.70 or 0.3%, to $1,440.80 per ounce, while June palladium erased $2.05 or 0.3%, to $786.80 per ounce.
High-grade copper to be delivered in May gained one cent to $3.03 per pound.
The material has been provided by InstaForex Company – www.instaforex.com
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