Washington - Saba : Gold prices rose in the world on Friday, due to increased global demand for it as a safe haven amid escalating political tensions in the Middle East, achieving a weekly gain of 0.2 percent.
According to Reuters, gold in spot transactions rose 0.3 percent to $ 2662.50 an ounce after jumping to an all-time high of $ 2685.42 on September 26, and US gold futures increased 0.1 percent to $ 2682.10.
As for other precious metals, silver in spot transactions added 0.4 percent to $32.17 an ounce while it rose about 1.8 percent week-to-date, platinum jumped 1.1 percent to $1001.79 while palladium rose 1.4 percent to $1,013.46.
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