Gold is down on the day but on track for a second week of gains
Gold is up about 1.7% for the week, while silver is set for its best week in three years, and platinum is up 1%
Bengaluru — Gold eased on Friday as investors booked profits after prices raced past $1,450 an ounce to hit a six-year peak, but Middle East tensions and prospects for lower interest rates kept bullion on track for a second week of gains.
Spot gold shed 0.6% to $1,437.51 by 11.51am GMT, having touched its highest since early May 2013 at $1,452.60. However, US gold futures hung on to gains, advancing by about 0.8% to $1,438.80...