Times of Pakistan

Gold on track for biggest weekly loss in six

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Fahad Shabbir (@FahadShabbir) Published July 17, 2026 | 10:45 AM

Gold on track for biggest weekly loss in six

WORLD CAPITALS, (UrduPoint / Pakistan Point News / WAM - 17th Jul, 2026) Gold was on track for its ‌biggest weekly loss in six on Friday.

Spot gold was up 0.3 percent at $3,980.64 per ounce by 0455 ​GMT, having touched its lowest since 1st July earlier in the session. US ​gold futures for August delivery lost 0.

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2 percent at $3,984.10.

The metal, however, has lost 3.4 percent so far this week, its largest decline since 1st June.

Elsewhere, spot silver fell 0.6 percent to $55.20 per ounce, ​platinum lost 1.1 percent to $1,599.17, and palladium eased 0.4 percent to $1,244.16. All three metals were headed for a weekly loss.

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