Gold eased on Friday as Wall Street gained on data pointing to a rebound in jobs growth in the United States, but bullion's losses were limited by a simultaneous slowdown in wage growth.
* Platinum set for biggest weekly gain since Jan 2017
* Palladium, platinum eye biggest weekly fall since Nov, Aug
Feb 19 Palladium scaled a record peak to within
striking distance of the $1,500 level on Tuesday fuelled by a
sharp supply deficit, while gold climbed 1 percent to hit a
10-month high on a weaker dollar and global growth jitters.
Feb 15 - Gold jumped to a two-week high on Friday after weak
U.S. economic data boosted expectations the U.S. Federal Reserve
would hold pat on monetary tightening, while palladium matched
an all-time high on a prolonged deficit.
Jitters over global growth and a possible pause to U.S. monetary tightening are expected to set gold prices up for gains in 2019, a Reuters poll showed on Tuesday, but the metal will struggle to break above recent highs.
BENGALURU Rice export prices slipped in India as the rupee weakened and demand waned, with a recent jump in prices for the top exporter's variety prompting buyers to turn to other markets such as Vietnam, where rates fell ahead of a major harvest.
BENGALURU Rice export prices in India rose for a second straight week to the highest in four months on higher procurement costs for paddy, while Thai rates eased with no fresh demand in sight.
BENGALURU Palladium is more valuable than gold for the first time since 2002, with prices soaring by around 50 percent in less than four months to record levels -- just as gold failed to capitalize on some seemingly bullish scenarios.
BENGALURU Palladium soared to a record high on Tuesday, bringing the metal to within striking distance of achieving parity with gold after it outshone other precious metals including its closest rival, platinum, this year.