(Kitco NewsWire) - Spot gold prices were firmer and spot silver prices were higher in late U.S. trading Friday, as oil prices fell on renewed U.S.-Iran diplomacy hopes while rising Treasury yields and firm Fed rate-hike expectations capped bullion’s rebound.

(Kitco News) - Gold is ending another week in negative territory as the market continues to fight for support around $4,300 an ounce. Despite significant downside risks, analysts note that prices remain fairly resilient.

(Kitco News) - Investors may be tempted by U.S. Treasury yields above 5%, but one prominent market strategist warns that rising borrowing costs represent a growing threat to both financial markets and the broader economy, creating an environment in which investors need to remain broadly diversified with exposure to gold and other commodities.