LONDON: Gold prices dropped on Friday, reflecting tension between a global backdrop of easier interest rates and the chance of US monetary policy being tightened before the end of the year.
Spot gold slid 0.6 per cent to $1,323.22 an ounce by 1416 GMT, on course for a weekly decline of about 1pc.
Palladium was up 0.2pc at $684, having touched its highest since late October 2015 the previous day.
Silver, which fell to its lowest in nearly two weeks on Thursday, was down a third of a percentage point at $19.69 an ounce while platinum lost 0.8pc to $1,093.
Published in Dawn, July 23rd, 2016
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