New York, Oct. 3 (BNA): Gold prices firmed on Friday, poised for a seventh consecutive weekly gain.

 Spot gold rose 0.5% to $3,874.66 per ounce by 09:13 a.m. ET (1313 GMT), after hitting a record high of $3,896.49 on Thursday. Prices have gained 3.1% so far this week, Reuters reported.

 U.S. gold futures for December delivery rose 0.8% to $3,899.1 per ounce.

 Spot silver climbed 1.4% to $47.63 per ounce, platinum rose 1.9% to $1,599.01 per ounce and palladium gained 1% to $1,253.75 per ounce.

 M.I.