The Philadelphia Gold and Silver Index, traded during US stock market hours, closed down 5.40% at 383.94 points, with a cumulative decline of 7.12% this week, experiencing an overall pullback after an initial surge.

The NYSE ARCA Gold Miners Index, which trades around the clock in global markets, fell by 5.82% to 2693.26 points, with a cumulative weekly decline of 7.46%. The Materials Index, which trades during US stock market hours, closed down 2.33% at 244.91 points, with a cumulative weekly decline of 1.61%. The Metals & Mining Index, which trades during US stock market hours, closed down 3.47% at 233.35 points, with a cumulative weekly decline of 3.94%.