Gold Edges Up Near $4,055, Silver at $58.31 Ahead of Fed Decision

Precious metals showed gains on Friday ahead of the North American session open as market participants evaluated robust U.S. employment data, the European Central Bank's decision to maintain rates, high crude prices, and steady Treasury yields.

Spot gold was quoted near $4,055.00 per ounce, gaining 0.16%, while spot silver traded around $58.31, up 1.35% for the session.

The ECB held its deposit facility rate at 2.25%, the main refinancing rate at 2.40%, and the marginal lending rate at 2.65%, emphasizing the severity and length of the energy price disruption.