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Gold eyes second weekly loss, silver price drops further
Gold slipped below $5,100 an oz. on Friday, heading towards a second consecutive weekly drop, as high energy prices stemming from the Middle East war continue to drive high-interest expectations. Spot gold fell as much as 1% to about $5,020 an oz., before recovering some losses. Silver, meanwhile, was hit harder, down almost 5% and just holding the $80-an-ounce level. “The gold price continues to fail to benefit from the geopolitical crisis,” Barbara Lambrecht, commodity analyst at Commerzbank Research, said in a note on Friday. “After all, with oil and gas prices rising significantly again this week, the risks ... (full story)
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- Mar 13, 2026 3:14pm Posted byFundamental Analysis186
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