Silver, platinum and palladium prices climb as gold holds near US$4,000

Silver, platinum and palladium saw gains of 1.2%, 0.9% and 1.5% respectively on Friday as spot gold hovered near US$3,987.40 per ounce on safe-haven and industrial demand. The rise was driven by increased interest in precious metals amid global uncertainty about interest-rate direction and the strength of the U.S. dollar. Silver’s dual role as precious and industrial metal benefited from solar and EV-related demand, giving it additional upside amid valuation pressures in tech and equity markets.