Gold prices steady globally, set for modest weekly gain

Gold prices remained stable in spot trading on Friday, showing little change and heading for a modest weekly gain.

Spot gold was steady at $4,477.10 per ounce, while US gold futures for December delivery slipped 0.4% to $4,522.60 per ounce.

Decline in other precious metals

Meanwhile, spot silver fell 0.3% to $66.78 per ounce. Platinum dropped 0.8% to $1,811.28, and palladium declined 0.4% to $1,415.75 per ounce.