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On Friday (May 2), the New York spot gold closed roughly flat at $3238.80 per ounce, down 2.43% for the week. Spot silver fell 1.19% to $32.0271 per ounce, down 3.28% for the week. The Philadelphia Gold and Silver Index closed down 0.77% at 179.38 points, down 3.56% for the week. COMEX copper futures rose 1.47% to $4.6980 per pound, down 4.00% for the week. The market experienced high volatility on Monday and Tuesday, followed by a decline on Wednesday and low volatility since the Wednesday close.
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