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| April 14, 2007 | Saturday | Rabi-ul-Awwal 25, 1428 |
Updated round-the-clock, with major updates after 10:00 PST (05:00 GMT)
Cricket: South Africa make 193-7 against New Zealand ST GEORGE'S, Grenada, April 14, (AFP) - South Africa made 193-7 off their 50 overs in their World Cup Super Eights match against New Zealand at the Grenada National Stadium here on Saturday. (Posted @ 22:32 PST)
PM graces National Games closing as Army retains Quaid-i-Azam Trophy KARACHI, April 14 (APP): Curtains fell on the 30th National Games at Peoples Stadium Lyari on Saturday as Pakistan Army retained the overall championship and the prestigious Quaid-i-Azam Trophy. Prime Minister Shaukat Aziz was chief guest at the closing ceremony of the six-day competition which attracted over 3000 athletes from across the country. WAPDA were the runners-up. (Posted @ 21:06 PST)
Six Muslims killed in Thai south NARATHIWAT, Thailand, April 14 (AFP) - Thai security forces shot dead three unarmed Muslim boys while suspected militants killed three people in drive-by shootings in the country's restive south, police said Saturday. Security forces opened fire late Friday after a group of five Muslim boys ran towards them as they tried to extinguish a blaze at a mobile phone base station in Pattani. Two boys, aged 13 and 14, died late Friday, and another 14-year-old boy died at a hospital early Saturday, police said, adding two were wounded. The soldiers suspected the boys were arsonists and thought they were escaping from the scene,” Colonel Acra Tiproch, an army spokesman, said. The killings prompted some 400 Muslims to take to the streets in protest. In Narathiwat province, two Muslim men, aged 26 and 29, were gunned down by suspected militants in a drive-by shooting on Saturday, while a 19-year-old Muslim boy was shot dead late Friday in another drive-by shooting, also in Narathiwat. (Posted @ 21:02 PST)
Five people killed as Sri Lanka marks New Year COLOMBO, April 14 (AFP) - Suspected Tamil Tiger rebels shot dead five people in eastern Sri Lanka on Saturday, the military said, as the country marked the traditional New Year and the president appealed for national unity. Gunmen fired at a residential neighbourhood in Eravur, in Batticaloa district, killing two people from a breakaway militant faction and three civilians, the defence ministry said. However, Tiger rebels denied the killings and blamed the military for the deaths. (Posted @ 19:50 PST)
Eight drown as boat sinks in eastern India PATNA, India, April 14 (AFP) - At least three women and five children drowned Saturday when a boat sank in the Ganges river in the eastern Indian state of Bihar, police said. Ten others were reporting missing after the boat carrying some 50 pilgrims to a local Hindu holy site went down in the state's Buxor district, a police spokesman said in Patna. The remaining passengers swam to safety, the spokesman said, adding a search was on for the missing people. (Posted @ 19:26 PST)
Russian police swoop on protest, arrest Kasparov MOSCOW, April 14 (AFP) - Russian riot police detained scores of demonstrators Saturday, including former chess champion Gary Kasparov, in a crackdown against an opposition protest in central Moscow. Thousands of riot police and camouflaged interior ministry soldiers locked down the city centre to prevent a march by The Other Russia, a coalition of groups who accuse President Vladimir Putin of dismantling democracy. Kasparov, one of the leaders of The Other Russia, was detained as he attempted to lead demonstrators onto the historic Pushkin Square, an AFP correspondent saw. Scores of other activists were detained and loaded on to police buses. “What's going on with the authorities? Have they lost their minds? What's going on with this military operation?” asked another opposition leader, former prime minister Mikhail Kasyanov, when paramilitary OMON police blocked him from entering Pushkin Square. Tensions are rising ahead of parliamentary elections in December. Saturday's demonstration comes after one of Putin's most outspoken critics, billionaire Boris Berezovsky, said he was planning a “revolution” from his London exile. Moscow demanded London expel Berezovsky, who has political asylum in Britain, following the comments published in The Guardian newspaper. (Posted @ 19:22 PST)
Police deny Kasparov release: RIA Novosti MOSCOW, April 14 (AFP) -Police denied Saturday earlier reports that Russian opposition leader and a former world chess champion Garry Kasparov had been released following his detention at a banned opposition rally in Moscow, state-run RIA Novosti news agency reported. “He is still detained. I greeted him, as they say, just five minutes ago at the station. Work with the investigators is continuing,” Moscow city police spokesman Viktor Biryukov was quoted as saying. Earlier, Interfax reported that Kasparov had been released, several hours after his detention. Independent confirmation of Kasparov's status was not immediately possible. (Posted @ 18:56 PST)
Flash flood at Thai waterfall kills 23, many missing BANGKOK, April 14 (AFP) - At least 23 people died Saturday and many more are missing after a flash flood swept over the popular Sairung waterfall in Trang province, some 700 kilometres south of Bangkok, a hospital official and police said. “At least 23 people were confirmed dead and we have learned that more bodies are coming,” officials said adding that most of the victims were women and children. Police chief in Trang province said at least 14 people were still missing. “People were enjoying the waterfall and suddenly a flash flood swept over,” he said. Some 100 holidaymakers were at the waterfall as Thailand celebrated the five-day Buddhist New Year holiday, which started on Friday. (Posted @ 18:52 PST)
15 killed as bus plunges into ravine in Pakistan GILGIT, Pakistan, April 14 (AFP) - At least 15 people were killed and nine others injured Saturday when a bus skidded off a mountain road in northern Pakistan, officials said. The bus plunged into a deep ravine in Sazin valley, 60 kilometers southwest of Gilgit, local official Abdul Hameed said. “Nine passengers were killed on the spot while six others died in the hospital,” he said, adding the condition of the nine injured passengers was stable. (First Posted @ 12:20 PST Updated @ 18:48 PST)
Musharraf says country's defence impregnable KAKUL, April 14 (PPI)- President General Pervez Musharraf Saturday said the country's defence has been made impregnable and vowed that the armed forces of the country would meet any challenge to the country. Addressing 115th passing out parade at Pakistan Military Academy at Kakul he said the armed forces were never so strong as they stand today whether in conventional or non-conventional fields. However, the real threat is from militant extremism. He said it demands a prudent approach to deal with this menace and urged the passing out cadets that they would be dealing against their own misguided brothers. Expressing firm resolve to combat extremism and terrorism, President Musharraf said by defeating the twin menace, the country would be able to continue its march on the path of the socio-economic development. He also said the country is a frontline state in the global fight against terrorism and the country itself is a victim of terrorist acts. Internally the country faces the threat of extremism, sectarianism and fundamentalism, he said and vowed to combat these menaces for ensuring country's sustainable development. He said PMA has added a new chapter in its annals by inducting female officers in various wings including signal, ISPR and JAG. Another milestone is that 51 officers belonging to Sindh province and 28 from Balochistan have passed out. (Posted @ 18:22 PST)
PM Aziz chairs meeting to review President's Rozgar Scheme KARACHI, April 14 (APP):- rime Minister, Shaukat Aziz said Saturday the government was making concerted efforts to create employment, economic opportunities and augment income to improve the quality of life of the common man and President's Rozgar Scheme is one of them. The youth must derive maximum benefit from this scheme in which the government was sharing 50 percent of the mark up on loans, credit loss and credit risk insurance, he said while chairing a meeting in Karachi to review the progress of the scheme. He said that fiscal space created as a result of economic recovery and high growth achieved by the country has enabled the government to allocate more resources to improve the living standards of the people. (Posted @ 17:40 PST)
APHC boycotts third roundtable conference on Kashmir NEW DELHI, Apr 14 (APP): All Parties Hurriyat Conference,headed by Mirwaiz Umer Farooq, has boycotted the third roundtable conference on Kashmir in New Delhi on April 24. “We are not going to attend the April 24 roundtable,” PTI quoting Hurriyat spokesman Shahid-ul-Islam in Srinagar reported. The spokesman said APHC's executive committee had decided long back not to attend such conferences. The APHC had boycotted the earlier two rounds of the roundtable on the ground that they would not sit with those parties who considered Kashmir an integral part of India. (Posted @ 17:23 PST)
36 women cadets pass out from PMA Kakul ISLAMABAD, Apr 14 (APP):- For the first time, 36 women cadets were commissioned in Pakistan Army as Captain in various branches other than Medical Corps on Saturday. President General Pervez Musharraf reviewed the passing- out parade of 115th PMA Long Course and First Women Cadets Course, and termed it a historic event. He also awarded Commandants Cane to Course Under Officer Wajiha Arshad for best cadet of the course. (Posted @ 17:20 PST)
68 killed, 83 injured in Iraq violence KARBALA, Iraq, April 14 (AFP) - A car bomb killed 47 people near a shrine in the holy city of Karbala on Saturday, another 10 people were killed in a suicide bombing in Baghdad, while other attacks around the country killed 11 more people, pushing the day’s death toll to 68. The Karbala bomb exploded outside a bus station, car park and market stall complex, about 200 metres from the mausoleum of Hazrat Imam Hussein. At least 47 people were killed and another 62 wounded, said an Iraqi army source. Police imposed a curfew and security forces assembled checkpoints outside Karbala, banning entrance to all cars without special permission. In Baghdad, a suicide bomber detonated his car next to a security checkpoint at the edge of the Jadiriyah bridge, killing 10 people and leaving another 15 wounded, most of them civilians, a security official said. Earlier, shortly after daybreak, gunmen attacked the home of top Sunni politician Adnan al-Dulaimi and clashed with guards in a shootout that left six of the MP's security retinue wounded, a member of Dulaimi's political party said. Meanwhile, the US military announced the deaths of three American soldiers south of Baghdad on Friday, and their two Iraqi interpreters when their patrol base was ambushed in an attack that saw combat helicopters scrambled. The helicopters and a quick reaction force raced to the scene to repel the attack, which left another seven US troops wounded, the army said. (Posted @ 17:20 PST)
Former Chief Minister of Sindh Syed Abdullah Shah dies KARACHI, April 14 (APP) - Former Chief Minister of Sindh, Syed Abdulah Shah, died Saturday in a Karachi hospital after protracted illness, family sources said. Funeral will be held at home town Jhangara-Bajara in Dadu district. He serv ed as Sindh Chief Minister under PPP government from 1993 to November 1996. Earlier, he also served as Speaker of Sindh Assembly from December 1988 to August 1990. (Posted @ 17:20 PST)
India plans Kashmir conclave in April SRINAGAR, occupied Kashmir, April 14(Reuters) - India will hold a meeting of political parties of occupied Kashmir in New Delhi on April 24 in a bid to find a solution to the dispute, the government said Saturday, despite separatists staying away from two similar meetings in the past. The first two meetings -- in February and May last year -- were a non-event as mainly pro-Indian parties and groups attended them with the region's main separatists staying away. The separatists said Pakistan must be involved in any talks on the future of the Himalayan region. Militant groups fighting Indian rule in the Himalayan region also condemned the meetings. A string of attacks coincided with the May conclave in Srinagar. Kashmir's main separatist alliance, the All Parties Hurriyat Conference, said it would take a final decision on Monday on whether it would attend the meeting. Officials say more than 42,000 people have been killed in the Himalayan region since a revolt against Indian rule broke out in 1989. Human rights activists put the toll at about 60,000 dead and missing. (Posted @ 16:40 PST)
Pakistan to be one of the higher economic growth countries: PM Aziz KARACHI, April 14 (APP)- Pakistan this year again will be one of the higher economic growth countries in Asia, Prime Minister Shaukat Aziz said Saturday at the inaugural session of the World Memon Organization. A couple of years ago people would say that this economic improvement was 9/11 related. The 9/11 has come and gone and the people have forgotten 9/11 and Pakistan is still growing. In our economy there is creation of wealth and jobs as well as opportunities which were never seen before, he said and added that we are creating larger and larger middle class. We still have 25 percent people living in poverty and we need to improve and give them a better future, he said. The Prime Minister announced that the target of seven percent growth this year would be met and this will create more investment than ever before. He pointed out that the level of investment was up to 20 percent of the GDP which is the highest in the history of the country since independence. (Posted @ 16:34 PST)
British forces kill eight gunmen in Basra BASRA, Iraq, April 14 (Reuters) - British forces killed eight gunmen laying landmines in Basra, the British military said Saturday. (Posted @ 15:57 PST)
Eight police killed, 10 wounded in Afghan suicide blast KHOST, Afghanistan, April 14 (AFP) - A suicide bomber Saturday blew himself up at the gate of a police headquarters in eastern province of Khost , killing at least eight policemen and wounding 10 others, police and medics said. Police had initially said some civilians were also among those killed but later said there were no civilian casualties in the attack. (Posted @ 15:57 PST)
Mine kills nine soldiers in east Sudan KHARTOUM, April 14 (AFP) -A landmine killed nine Sudanese army soldiers and wounded 11 on Sudan's eastern border with Ethiopia, an army spokesman said Saturday. (Posted @ 15:28 PST)
Indian troops kill seven in occupied Kashmir SRINAGAR, occupied Kashmir, April 14 (AFP) - Indian troops have shot dead seven suspected militants in two gunbattles in revolt-hit occupied Kashmir, police said Saturday. Two were killed in a clash Saturday in Pulwama district, said police, who did not divulge further details. Five more were killed in a four-hour gunbattle in the mountains of southern Doda district late Friday, police said. Since the launch of the freedom movement in late eighties, Human rights groups put the death toll at 70,000, including around 10,000 people who were reported missing over the years and now are presumed dead. (Posted @ 15:25 PST)
Two suicide bombers target US cultural centre in Casablanca CASABLANCA, Morocco, April 14 (AFP) - Two suicide bombers blew themselves up outside a US cultural centre in the Moroccan city of Casablanca on Saturday, security forces said. One of the pair asked a policeman for access to the centre but when asked why he and the other bomber blew themselves up, security officials said. Details about the possible casualties are not immediately available. (Posted @ 15:18 PST)
300,000 rally against Turkish government ANKARA, April 14 (Reuters) Around 300,000 Turks marched on Saturday to try to stop the ruling AK Party from picking Prime Minister Tayyip Erdogan as their presidential candidate next week because of his Islamist roots. The AK Party has its background in political Islam, and a possible presidency headed by Erdogan has split this secular but predominantly Muslim country. “Turkey is secular and will remain secular forever,” shouted protesters as they waved national flags and banners of Mustafa Kemal Ataturk. Tens of thousands of people were bussed into Ankara from across the country to attend the rally organised by a secularist association in Tandogan square. A police official told Reuters the figure of 300,000 protesters was being circulated on police radio. Some 10,000 police were on duty, but crowds were generally calm. Many of the speeches attacked the United States and the European Union, calling on Turks to defend their country. Thousands of people waving flags and clutching portraits of Ataturk also gathered at his mausoleum, a place where Turks seek solace in times of tension. (Posted @ 14:56 PST)
Bus plunges into ravine in Pakistan, 13 dead ISLAMABAD, April 14 (Reuters) A bus plunged into a ravine in northwestern Pakistan Saturday killing 13 people and injuring nine, an official said. The bus was travelling on the Karakoram Highway, and the accident occurred at a sharp bend. “Eleven passengers died on the spot while two others succumbed to their injuries on way to hospital,” said Abdul Ghafoor, a civilian official at the District Police Office in Kohistan, a remote region of North West Frontier Province. Five of the nine injured were in a critical condition, he said. (FirstPosted @ 12:20 PST, Updated@ 14:40 PST)
Iraq violence kills 66 KARBALA, Iraq, April 14 (AFP) A car bomb slaughtered 47 people in Iraq's Karbala city Saturday. In the capital, 10 people died in a suicide attack while other attacks around the country killed another nine people, pushing the death toll to 66 before lunchtime. The Karbala bomb exploded in an area cluttered with popular market stalls. At least 47 people were killed and another 62 wounded, said an Iraqi army source. Local security spokesman earlier confirmed 40 people killed in the blast outside a bus station, car park and market stall complex. Women and children were among the casualties, and four Iranians were counted among the wounded at hospital. In Baghdad, a suicide bomber detonated his car next to a security checkpoint at the edge of the Jadiriyah bridge, killing 10 people and leaving another 15 wounded, most of them civilians, a security official said. Shortly after daybreak, gunmen attacked the home of top politician Adnan al-Dulaimi and clashed with guards in a shootout that left five of the MP's security retinue wounded, a member of Dulaimi's political party said. The helicopters and a quick reaction force raced to the scene to repel the attack, which left another seven US troops wounded, the army said. (FirstPosted @ 12:18 PST, Updated@ 14:40 PST)
Eight police among over dozen killed in Afghan suicide attack KHOST, Afghanistan, April 14 (AFP) At least eight policemen were among more than a dozen people killed in a suicide attack targeting a police headquarters in eastern Afghanistan’s Khost city, police and a doctor said. Khost police commander Qasem Khil said more than a dozen people including policmen and civilians were killed and injured. (Posted @ 13:27 PST)
Turkish bus crash kills 32, mostly students ANKARA, April 14 (Reuters) A bus carrying primary school students collided with a truck in central Turkey Saturday, killing 32 people, a local governor said. Most of the dead were students on a trip to Cappadocia. Thirty people were also injured, Anatolian news agency quoted local authorities as saying. The accident occurred on the Aksaray-Konya highway. (Posted @ 13:16 PST)
Ten killed in Baghdad bridge blast BAGHDAD, April 14 (AFP) A suicide bomber Saturday blew up his car against a checkpoint on a Baghdad bridge killing 10 people and wounding 15, a security official said. The blast occurred on the Jadiriyah bridge in the central Karrada district of the capital. (Posted @ 12:45 PST)
Gunmen kill six police in Nigerian oil town LAGOS, April 14 (AFP) Gunmen early Saturday killed six policemen in raids on two police stations in Nigeria's oil capital Port Harcourt, police said. Residents and one election observer said gunmen attacked and burned down the Mino Okoro and Elelenwo police stations. “Six policemen were killed and some inmates were freed from the two police stations”, Rivers State police chief said. An industry source said a further five policemen were wounded. The attacks happened between 1:30 and 3:30 am and were carried out by some 16 gunmen who arrived in two vehicles, the same source said. (Posted @ 12:43 PST)
Car bomb kills 40 in Karbala KARBALA, Iraq, April 14 (AFP) A car bomb killed at least 40 people in a shopping area in Iraq's Karbala city Saturday, a medical source said. A medic from the local hospital said many of the victims were women and children, adding that the bomb went off at a bus station which is surrounded by many shops. (FirstPosted @ 12:18 PST, Updated@ 12:24 PST)
Eleven killed, nine injured in Shinkiari road accident SHINKIARI, April 14 (APP) At least 11 people were killed and nine others injured when a Gilgit-bound bus from Rawalpindi plunged into a deep ravine while negotiating a sharp turn near Nowshera Mor in Kohistan district Saturday morning, police said. District Police Officer Kohistan, Alam Zeb and SHO Police Station Saazeen said that the local administration and police rushed to the site and carried out relief and rescue operation. He said nine bodies have been recovered so far and the injured were shifted to RHC hospital. Efforts are on to retrieve the remaining bodies. (Posted @ 12:20 PST)
PIA flight delays after minor accident KARACHI, April 14 (APP) A PIA flight PK-366 operating on Karachi-Islamabad section was delayed after its wing hit the tail of another Boeing 777-300 while it was being pushed back to take off for Islamabad. The tail of the other Boeing suffered minor damage and was toed to hanger for repair. The repair work will be completed today, a PIA spokesman said Saturday. The Boeing 777-300 whose wing hit the tail of other Boeing, however, took off for Islamabad after some delay. (Posted @ 12:18 PST)
At least 11 killed in Iraq's Kerbala bombing KERBALA, Iraq, April 14 (Reuters) At least 11 people were killed in a suicide car bombing at a bus station in the Iraqi city of Kerbala Saturday, police said. (Posted @ 12:18 PST)
Three US soldiers killed in Iraq BAGHDAD, April 14 (AFP) Another three American soldiers have been killed in attacks south of Baghdad, the US military said Saturday. Two soldiers and two Iraqi interpreters died when a patrol base was ambushed by insurgents Friday. Another seven US troops were wounded. A roadside bomb killed a third US soldier and left another wounded south of Baghdad while their unit was patrolling the area. (Posted @ 11:12 PST)
Thai security forces kill two boys in restive south NARATHIWAT, Thailand, April 14 (AFP) Thai security forces shot dead two boys and wounded another three late Friday in Pattani province, police said Saturday. They said the security forces opened fire after a group of five boys ran towards them as they tried to extinguish a blaze at a mobile phone base station. While in nearby Narathiwat province, a 19-year-old boy was shot dead by suspected militants in a drive-by shooting late Friday, police said. (Posted @ 11:11 PST)
Up to 60 Taliban killed in southern Afghanistan battles KABUL, April 14 (AFP) NATO and Afghan troops backed by warplanes killed up to 60 Taliban militants, officials said Friday. US and Afghan troops backed by warplanes killed more than 35 Taliban militants during a five-hour battle Thursday in Helmand province’s Sangin district, the US-led coalition said. Friday, a joint NATO and Afghan military offensive in the Garmser district of Helmand killed a further 24 militants, the province's police chief said. Meanwhile, a British soldier with the NATO-led ISAF was killed in a separate gunbattle with rebels Friday. US special forces and Afghan troops also killed three Taliban who pinned down a group of civilian contractors after their helicopter came down in another area. (Posted @ 10:00 PST)
Pakistan president hits out at Afghan leader over security WASHINGTON, April 14 (AFP) Pakistan's President Pervez Musharraf hit out at his Afghan counterpart Friday, saying he was “very angry” at criticism of Pakistani progress in fighting cross-border terrorism. “Pakistan is being maligned by the West ... unfairly” in criticism that it is not doing enough to root out terrorists on its soil and to help crush the Taliban in Afghanistan, Musharraf told CBS television news. He blamed the criticism on a “total lack of understanding of the environment and reality by President (Hamid) Karzai himself.” Asked if he was “angry” with Karzai, he replied: “Yes, indeed. Very angry.” He dismissed as “absolute nonsense” a claim by Karzai that the wanted Taliban leader Mullah Omar was hiding out in Pakistan and rejected “absolutely and totally” on Friday the prospect of a joint US-Pakistan military operation to pursue retreating insurgents inside Pakistan. “The whole population of Pakistan will rise against it,” he said. (Posted @ 09:19 PST)
Strong quake shakes South Pacific seabed WASHINGTON, April 14 (AFP) A strong earthquake shook the bed of the southeast Pacific ocean west of Chile Friday, the United States Geological survey reported. The quake, measuring 6.1 on the open-ended Moment Magnitude scale, struck the southern part of the East Pacific Rise, an expanse of sea floor lying between South America and the islands of the South Pacific, at 1824 GMT. The epicenter was 6.2 miles underwater at a point more than 1,960 miles west of the Chilean coastal town of Osorno and 1,440 miles east-southeast of the tiny British territory of Pitcairn Island. (Posted @ 09:19 PST)
Three dead, eight wounded in fresh Philippine fighting ZAMBOANGA, Philippines, April 14 (AFP) Two Marines and a civilian were killed and 10 other soldiers were wounded in an attack by militants on a military camp in the Philippine island of Jolo, a military source said Saturday. Members of the Moro National Liberation Front (MNLF) used mortars to attack a Marine base near the town of Panamao late Friday, triggering a firefight, the source said. The MNLF was a former separatist group which signed a peace pact with the government in 1996. They dropped their independence bid and opted for limited self-autonomy, and their leader Nur Misuari was subsequently named governor of a region. (Posted @ 09:19 PST)
Gold prices LONDON, April 13: Gold rose by just $1 on Friday despite a sharp drop in the dollar and firm oil prices, and analysts said the metal was vulnerable to profit-taking due to its failure to hold key levels.
Spot gold was quoted at $676.80/677.80 an ounce versus $675.80/$676.30 late in New York on Thursday.
The metal hit a six-week high of $681.30 on Tuesday.
It's running out of steam for the time being and there needs to be something else to support it.
The dollar is clearly not enough for the moment, said Stephen Briggs, economist at SG Corporate and Investment Bank.
There is a risk that if we continue to fail through roughly $680, then there is a risk of disillusion and some liquidation.
The euro hit a two-year high versus the dollar ahead of a Group of Seven meeting and on expectations of a euro zone rate rise in June.
It is now within 1-1/2 cents of a record high set in 2004.
A weaker dollar gives buyers more purchasing power in dollar-denominated gold, which is also often seen as a hedge against oil-led inflation.
Oil topped $64 a barrel, extending a 3 per cent gain a day earlier, as traders pondered a series of refinery outages in the United States that drained gasoline stocks as the typically heavy summer driving period approached.
Despite gold's range-bound trading pattern, analysts said the metal would set new highs further forward.
We therefore continue to expect gold prices to rise to $750 by year end, it said in a report.
Deutsche Bank saw gold prices rising to $740 in the long run.
In other metals, palladium traded just below an 11-month high of $372 an ounce hit on Thursday.
Spot was quoted at $370/375, against $367.50/$372.50 in the US market.
It's purely speculative and I don't think the fundamentals justify the move, Briggs said, adding palladium attracted good buying on a market perception that it had gained less than other metals in recent weeks.
Platinum was down $1 at $1,264/$1,267 an ounce, while silver was at $13.85/13.88 an ounce, versus $13.84/13.89.—Reuters
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