Gold heads for first monthly gain in five months

CAPITALS, 31st July, 2026 (WAM) -- Gold was headed for its first monthly gain in five on Friday, despite edging lower in spot trading.

Spot gold inched 0.2 percent lower at $4,096.29 per ounce, as of 01:07 GMT, but was headed for a weekly ‌rise of ⁠1.1 percent.

US ⁠gold futures for August delivery gained 0.1 percent to $4,094.10.

Spot silver held steady at $58.98 per ounce, platinum slid 1.3 percent to $1,638.97, and palladium fell 0.2 percent to $1,301.94.