LONDON: Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States, while the dollar index held near a one-week high and demand for physical metal eased.
Outflows from gold-bac-ked exchange-traded funds suggested investment appetite for bullion was softening, analysts said.
Spot gold was down 0.5 per cent at $1,234.30 an ounce at 1352 GMT, while U.S. gold futures for Dece-mber delivery were down $11.00 an ounce at $1,234.50.
Silver was up 0.5pc at $17.16 an ounce, while platinum fell 0.3pc at $1,254.50 an ounce.
Published in Dawn, October 24th, 2014
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