Oil Price Volatility Disrupts Market; Gold Rebounds Slightly, Silver Continues Downward Trend



After precious metals faced concentrated selling pressure in the previous trading session, gold prices rebounded modestly on Friday, while silver prices continued to decline under pressure. Spot gold rose 0.3%, reaching $4662.51 per ounce, with the gains narrowing compared to the intraday highs; gold futures also strengthened in tandem, rising 1.2% to $4662.10.

By contrast, silver showed weaker performance, with spot silver experiencing multiple reversals during the session, ultimately falling approximately 1.7% to $71.62 per ounce; silver futures rose slightly 0.8%, showing some divergence between domestic and international markets. Overall, influenced by oil price fluctuations, the precious metals market displayed a pronounced pattern of divergent strength and weakness.
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