gold futures inched up 0.2 percent to $1,283.2 per ounce on Friday. The metal was on track for its best week since Aug 2017. "It is the end of the year. Investors are looking to rebalance their portfolio, so they allocate a bit (of their funds) to precious metals, even silver," Lan said.Platinum rose 0.1 percent to $796.74 per ounce, while palladium dipped 0.8 percent to $1,264.90. Palladium has gained about 3 percent this week.

Source: The Star December 28, 2018 07:30 UTC