Gold Hits Three-month High
UrduPoint / Pakistan Point News / WAM – 21st Aug, 2026
Gold prices climbed on Friday to their highest level in over three months, heading for a third consecutive weekly gain.
Spot gold rose to $4,617 per ounce until time of publishing, hitting its highest level since May 15. US gold futures gained 1.7% to settle at $4,647.
The precious metal recorded a 5% weekly gain, having reached its highest daily level since early February on Wednesday.
Among other precious metals:
- Silver surged 2% to $69.43 per ounce.
- Platinum gained 3.8% to $1,897.36.
- Palladium advanced 0.6% to $1,342.30.
"Facebook" "Twitter" "Reddit" "Pinterest" "Whatsapp"
Related Topics:
- February
- May
- Gold
- Silver
Recent Stories from Middle East:
- Moscow stock indices close higher
- Fatima Bint Mubarak Academy Volleyball Cup for Ladies 2026 launches in Abu Dhabi
- One more medal for hosts UAE at IMMAF Youth World Championships
- Sharjah Publishing City Free Zone attracts 1,000+ AI firms
- 2nd Reuters NEXT Gulf Summit to take place in Abu Dhabi
- Joint Statement by Ministers of Foreign Affairs of UAE, KSA, Qatar, Jordan, Indonesia, Pakistan, Turkey and Bahrain
- UAE Ambassador presents credentials to President of Suriname
- Air Arabia adds Katowice to its growing network in Poland
- El Niño set to be ‘strongest in living memory’, says UK Met Office
- ADX achieves 99% in disclosure compliance of financial statements of H1 2026 of listed companies
