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May 12, 2025
PI Global Investments
Gold

Gold rises ahead of US-China trade talks


Singapore: Gold prices rose on Friday, as investors bought bullion following a decline in the previous session, while markets looked ahead to US-China trade talks due this weekend.

Spot Gold rose 0.1% to $3,309.39 an ounce.

US Gold futures firmed 0.3% to $3,314.20.

Spot Gold fell nearly 2% in the previous session, when prices hit a low of $3,288.39 after US President Donald Trump announced a trade deal with the UK.

Spot silver fell 0.4% to $32.37 an ounce, platinum rose 0.5% to $980.62 and palladium fell 0.3% to $973.04.



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