Gold on track for biggest weekly loss in six
- Last updated: July 17, 2026 | 13:44
Gold bangles are displayed at a jewellery store in Mumbai, India.
File/ Reuters
Gold was on track for its biggest weekly loss in six on Friday. Spot gold was up 0.3 per cent at $3,980.64 per ounce by 0455 GMT, having touched its lowest since 1st July earlier in the session. US gold futures for August delivery lost 0.2 per cent at $3,984.10.
The metal, however, has lost 3.4 per cent so far this week, its largest decline since 1st June.
Elsewhere, spot silver fell 0.6 per cent to $55.20 per ounce, platinum lost 1.1 per cent to $1,599.17, and palladium eased 0.4 per cent to $1,244.16. All three metals were headed for a weekly loss.
WAM