Lates News

On Friday (May 16th), New York spot gold fell by 1.21% to $3200.00 per ounce, with a weekly cumulative decline of 3.72% after falling to $3120.98 on Thursday. COMEX gold futures fell by 0.79% to $3201.10 per ounce, with a weekly cumulative decline of 4.32% (which was 4.62% in the week of November 15, 2024) after falling to $3123.30 on Thursday. The Philadelphia Gold and Silver Index fell by 0.11% to 178.36 points, with a weekly cumulative decline of 7.35%. Spot silver fell by 1.06% to $32.2931 per ounce, with a weekly cumulative decline of 1.32%. COMEX silver futures fell by 1.13% to $32.430 per ounce, with a weekly cumulative decline of 1.50%. COMEX copper futures fell by 1.96% to $4.5915 per pound, with a weekly cumulative decline of 1.32%.