Bahrain: Precious metals kicked off the New Year on a strong note on Friday. Spot gold climbed 1.7% to $4,387.58 per ounce, as of 1322 GMT, after hitting a record high of $4,549.71 on December 26. It had dropped to a two-week low on Wednesday. U.S. gold futures for February delivery gained 1.3% to $4,399.20/oz.
According to Bahrain News Agency, spot silver advanced 3.4% to $73.71 per ounce, after hitting an all-time high of $83.62 on Monday, while platinum jumped 3.3% at $2,121.38 per ounce, after rising to an all-time high of $2,478.50 on Monday.