Gold futures edged higher on Friday night in US trading as traders picked up on the emergence of low level concerns about Argentina and corporate debt, and the continuing tensions in Ukraine and Gaza.
Comex gold futures recovered from a three-day losing streak to close above $1,300 on Friday.
August gold rose $12.50, or 1%, for the session to settle at $1,303.30 an ounce in New York.
That left gold still down around half a per cent over last week, having closed below $US1,300-mark on Thursday, the first time in a month.
It further rose in after hours trading to $US1,310.70 and is up 8.6% for the year.
Comex September silver fell 25c over the week to end at $US20.64 an ounce on Friday .
New York crude oil futures closed all but flat on Saturday morning at $US102.09 a barrel.
In London, September Brent crude oil futures exchange fell 96c to $US107.07 a barrel.
Comex copper futures in New York rose to $US3.24, up a touch over the week.
US cotton prices continued to fall, lead rose the highest level this year and zinc continued its rally to a near three year high in London.
Cotton fell 3.5% last week and is now down 23% for the year to far. It ended at 65.35c in New York on Friday night.
Zinc for delivery in three months rose 0.1% to settle at $US2,390 a tonne on the LME in London.
Earlier, the price reached $US2,413, the highest since August 2011.
The zinc price is up 17% so far this year.
Lead rose 1.3% on the LME to end at $2,267 a tonne, after touching $US2,279, the highest since the end of 2013.
