Gold continues to gain


Gold prices settled on Friday as renewed political and economic concerns, including China's weak growth and pressure on Asian equities, led the metal to gain for a third week in a row.
Gold rose 0.1 percent in spot trade to $ 1226.44 an ounce by 07:49 GMT, continuing its 0.7 percent rise this week.

US gold futures were up 0.1 percent at $ 1230.9 an ounce.

Among other precious metals, platinum rose 0.7 percent to $ 831.10 an ounce, but fell 0.8 percent during the week.

Palladium rose 1.22 percent to $ 1083.60 an ounce on the day, gaining 1 percent to 1 percent.

Silver rose 0.4 percent to $ 14.61 an ounce.