Gold prices rise, but the week may close with decline

17:32 - 18.07.2025

July 18, Fineko/abc.az. Gold prices have grown on Friday, but are bracing for a small weekly decline as strong U.S. economic data boosted risk appetite, reducing demand for defensive assets.

ABC.AZ reports that at 3:50 p.m. on Baku time, the spot price of gold rose 0.5% to $3,356.60 per ounce, while gold futures for September delivery added 0.5% to $3,363.30 per ounce.