China
International gold and silver prices both dropped on Friday.
On the New York Mercantile Exchange, gold futures for August delivery fell 0.65 percent to settle at 4,113.70 U.S. dollars per ounce, while silver futures for September delivery dropped 0.96 percent to close at 60.165 dollars per ounce.
Gold, silver futures drop on Friday
Ukrainian President Volodymyr Zelensky said Friday that his country has started developing a domestically produced anti-ballistic system, designed to be an analogue of the U.S. Patriot in terms of intercepting ballistic targets.
"We have started building our own European project called Freya. I very much count on the success of this project," Zelensky said on X.
He said that Freya would be easier to mass-produce and less expensive than the Patriot system.
Ukraine will soon present the Freya project to partner countries that could help accelerate its development, Zelensky added.
Ukraine starts building domestic anti-ballistic system: Zelensky
