Accra:Spot gold rose 1.5% to $4,194.36 an ounce, positioning it for a weekly gain of approximately 1.3%. US gold futures for December delivery increased by 1.4%, reaching $4,216.30 an ounce.
Earlier in the week, gold experienced a drop to a two-month low, influenced by a stronger US dollar and rising Treasury yields.
Other precious metals also saw gains, with spot silver increasing by 2.4% to $60.77 an ounce, platinum rising by 3.1% to $1,685.64, and palladium climbing 2.1% to $1,146.39 an ounce.