KEY POINTS:
Gold fell 1.9% this week
Palladium expected to have its worst week in 11 months
Platinum: Worst week since June 2021
Gold fell on Friday and is likely to fall further amid cooling demand for safe-haven assets and hawkish signals from Federal Reserve Chairman Powell.
Meanwhile, autocatalytic palladium extended its decline on track for its worst week in more than 15 months, hit by excess inventories amid wider adoption of electric vehicles while automakers switch to cheaper platinum.
Investor appetite for gold has weakened due to easing concerns about tensions in the...
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