Gold heads for third weekly loss on firm dollar

CAPITALS, (UrduPoint / Pakistan Point News / WAM - 19th Jun, 2026) Gold prices were on track for a third consecutive weekly decline, falling more than 1 percent on Friday, amid a stronger Dollar.

Spot gold was down 1.1 percent at $4,163.93 per ounce, as of 03:38 GMT.

US gold futures for August delivery fell 1.5 percent to $4,181.20.

Spot silver fell 2.2 percent to $64.36 per ounce, platinum lost 1.9 percent to $1,663.03, and palladium was down 1.6 percent at $1,258.04.