India, July 17 -- Partially offsetting yesterday's slump, gold prices have edged higher on Friday following a Goldman Sachs estimate indicating more central bank purchases even while concerns of a near-term rate hike in the U.S. due to the ongoing gulf war weighed on the yellow metal.
Front Month Comex Gold for August month delivery has inched higher by $27.10 (or 0.68%) to $4,019.20 per troy ounce.
Front Month Comex Silver for August month delivery has advanced by $0.164 (or 0.29%) to $56.160 per troy ounce.
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