Gold price falls on Friday, ending the week up 5% Gold prices fall on Friday, but end the week with active growth. By 13:33 Moscow time, quotes for December gold futures on the Comex exchange were down 0.9%, at $4077.9 an ounce. Since the beginning of the week, the contract has become more expensive by 4.9%. The most traded silver futures on COMEX fell by 0.7%, to $52 per ounce, the platinum futures on NYMEX - by 0.1%, to $1,520.5 per ounce. Analysts at Saxo Bank believe Friday's decline in precious metal prices may be caused by the recent crash in stock markets, as investors often cover stock market losses by closing positions in gold.

Gold price falls on Friday, ending the week up 5% Gold prices fall on Friday, but end the week with active growth. By 13:33 Moscow time, quotes for December gold futures on the Comex exchange were down 0.9%, at $4077.9 an ounce. Since the beginning of the week, the contract has become more expensive by 4.9%. The most traded silver futures on COMEX fell by 0.7%, to $52 per ounce, the platinum futures on NYMEX - by 0.1%, to $1,520.5 per ounce. Analysts at Saxo Bank believe Friday's decline in precious metal prices may be caused by the recent crash in stock markets, as investors often cover stock market losses by closing positions in gold.