By Barbara Kollmeyer
MADRID (MarketWatch) -- Gold futures edged higher on Friday, but pared gains as Europe stocks turned lower and U.S. futurs turned mixed. The dollar slipped as well, giving gold a slight boost. Gold gutures for June delivery GCM2 +0.37% rose $4 to $1,561.50 an ounce. Gold ended about 0.6% higher on Thursday. Silver for July delivery SIN2 +0.37% ros 15 cents, or 0.5%, to $28.30 an ounce. July platinum PLN2 +0.25% rose $5.20, or 0.4%, to $1,426.60 an ounce. June palladium PAM2 +0.75% rose $3.70, or 0.6%, to $591.20 an ounce. July copper HGN2 +0.70% gained 2 cents, or 0.7%, to $3.45 per pound. Late Thursday, commodity trading exchange said it had lowered its margin requirements for gold contracts by 10%, the second reduction this year.
