Sharjah24 - WAM: Gold prices soared to a historic peak on Friday, with spot gold climbing 0.5% to $2,384.34 per ounce as of 0345 GMT, as it was reported.

Bullion hit a record high 2,395.29 earlier in the session. US gold futures also gained 1.2% to $2,401.80.

Platinum rose 0.7% to $986.65 and palladium edged 0.1% higher to $1,049.83. All three were on track for a weekly gain.