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Gold $2,072.17 $1.86 0.09% Silver $25.51 $0.06 0.24% Platinum $940.91 $6.68 0.72% Palladium $1,014.99 $13.4 1.34%

Safe-haven demand sets gold for third weekly gain on Mideast tensions

Safe-haven demand sets gold for third weekly gain on Mideast tensions

Oct 27 (Reuters) -Gold prices were set to mark their third straight weekly rise on Friday as a risk averse mood due to the ongoing Middle East conflict pushed investors to the safety of bullion, while investors also awaited key U.S. consumption figures.

Spot gold was steady at $1,985.30 per ounce by 0950 GMT. U.S. gold futures fell 0.1% to $1,996.20...[LINK]

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