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Gold Extends Rally, Heads for Third Straight Monthly Gain

Beirut: Gold prices rose in Asian trading on Friday, on track for their third consecutive monthly gain. Spot gold climbed 0.3% to $4,034.00 an ounce, bringing its monthly gain to 4.5%.

According to Qatar News Agency, US gold futures for December delivery slipped 1.1% to $3,955.00 an ounce. Among other precious metals, spot silver was little changed at $48.92 an ounce, platinum rose 0.2% to $1,613.50, and palladium gained 2.1% to $1,474.51 an ounce.