Gold Weakens on Friday, Silver and Other Precious Metals Post Sharp Declines

Gold prices weakened on Friday as precious metals across the board experienced significant losses. Silver led the decline with a sharp 8.19% drop to $67.833 per ounce, while platinum fell 6.18% to $1,780.43. Palladium also posted substantial losses, declining 6.46% to $1,226 per ounce. The broad-based selloff affected all major precious metals, with silver experiencing the steepest percentage decline among the group.