The prices of precious metals continued to decline on Friday with investors assessing the impact of the latest developments in the Middle East, where tensions seemingly subsided after the fall of the Syrian regime and rumors of a potential ceasefire deal in Gaza.
Gold extended its decline, dropping 1.09% to sell for $2,650.52 per ounce. At the same time, silver decreased 1.65% and sold for $30.46 per ounce. Meanwhile, the price of platinum also fell by 1.15%, trading for $923.58 per ounce whereas palladium slumped by 2.13% exchanging for 939.58 per ounce.
