Gold firms

Published October 25, 2016

LONDON: Gold rose on Monday as the dollar retreated from an earlier near nine-month high, though uncertainty over the timing of a US interest rate hike kept prices hemmed in a range.

Spot gold was at $1,271.11 an ounce by 1340 GMT, up 0.4pc, while US gold futures for December delivery were down $4.30 at $1,272.00.

Silver was up 2pc at $17.83 an ounce, while platinum was 1.6pc higher at $944.50 an ounce.

Palladium, which hit a more than three-month low of $613.10 in the previous session, was up 0.2pc at $625.15.

Published in Dawn October 25th, 2016

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...