Gold Scores First Gains in Three Weeks

Gold prices declined on Friday, due to the rise in the United States Treasury yields, narrowing their weekly gains that come for the first time in three weeks.

Gold futures for April delivery closed lower by $3.60, or 0.2%, at $1,823.20 per ounce.

On a weekly basis, the yellow metal most active contracts rose by about 0.6%, following two consecutive weeks of decline.

Meanwhile, silver futures for March delivery rose by 28 cents, or 1%, to finish at $27.328 per ounce, turning to a weekly gain of about 1%.