Commodity wrap: Gold prices set for weekly loss; oil surges 17% this week
Gold prices edged higher on Friday, but were set for weekly losses due to persistent inflation concerns. Silver prices also mirrored gold’s move and climbed 0.7% on COMEX. Meanwhile, oil prices were mixed, with Brent slightly higher and West Texas Intermediate falling nearly 1% on Friday. However, Brent has surged 17% and WTI 14% so far
