Gold snaps 7-day rally

Published March 28, 2015

LONDON: Gold fell on Friday, snapping a seven-day rally as the dollar steadied and investors remained cautious ahead of comments from Federal Reserve Chair Janet Yellen.

Spot gold eased 0.5 per cent to $1,197.70 an ounce by 1524 GMT. The metal jumped 2pc on Thursday to its highest since March 2 at $1,219.40.

Silver fell 0.6pc to $16.97 an ounce.

Published in Dawn, March 28th, 2015

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