Gold prices showed moderate gains on Friday, remaining just above $5,000 per troy ounce. According to trading data, April futures on Comex rose 0.54%, or $27.01, to $5,024.41 per ounce. Silver for March delivery rose 0.89% to $78.323 per ounce.

The market is supported by robust demand, despite reduced activity in China, where the Lunar New Year holiday has continued since the beginning of the week. The holiday will last until February 23.

Analysts note that even with the temporary absence of Chinese buyers, prices remain stable. According to Brian Lan, Managing Director of GoldSilver Central, this indicates strong demand at lower price levels.

Thus, the precious metals market demonstrates relative resilience in the face of seasonal decline in liquidity and remains close to historically high levels.