LONDON: Nervous investors looked for new signals on whether US interest rates would rise in March and on US President Donald Trump’s tax plans as gold held steady on Wednesday.

Traders are waiting for the minutes from the US Federal Reserve’s last meeting, due at 1900 GMT on Wednesday.

Spot gold had edged up 0.1 per cent to $1,236.77 per ounce by 1500 GMT, while US gold futures dipped 0.1pc to $1,238.

Spot gold dropped as much as 1pc to touch a one-week low of $1,225.73 in the previous session. Spot silver rose 0.2pc to $17.98 an ounce and platinum shed 0.1pc to $998.40. Palladium dropped 0.9pc to $772 after climbing nearly 10pc since late January.

Published in Dawn, February 23rd, 2017