Gold and silver prices rebounded slightly on Friday, but silver prices fell further due to volatile oil prices. Spot gold was 0.3% higher at $4,662.51 an ounce, while silver was last seen around 1.7% lower at $71.62 an ounce. Both metals are expected to end the week with a loss of close to 9% and silver on the verge of ending down more than 10%. The volatility in gold has been attributed to an extended rally in the build up to the first U.S.-Israel strikes on Iran. Global equity markets were mixed, with European stocks struggling to find direction as Asian shares mostly moved lower.