WORLD CAPITALS, (Pakistan Point News - 24th Jul, 2026) Gold extended losses on Friday after falling 2 percent in the previous session, as Brent crude's move back above $100 a barrel stoked inflation concerns and strengthened the case for higher interest rates ahead of a Federal Reserve policy meeting next week.
Spot gold eased 0.4 percent to $4,030.09 per ounce by 0333 GMT, with prices down more than $130 from a two-week high hit on Wednesday. US gold futures for August delivery were 0.4 percent lower at $4,033.20.
Spot silver was down 0.7 percent at $57.29 per ounce, but was headed for a weekly gain of 2.5 percent. Platinum fell 1.3 percent to $1,579.49 and palladium dropped 1.5 percent to $1,237.50, both on track for a weekly drop.
