Gold steadies

Published May 23, 2019

KUALA LUMPUR: Gold steadied on Wednesday, edging off a two-week low touched in the previous session, as the dollar retreated and equity markets fell on fresh trade fears ahead of the US Federal Reserve’s release of minutes from its last meeting.

Spot gold inched up 0.1 per cent to $1,275.65 per ounce as of 1324 GMT, having fallen to its lowest level since May 3 on Tuesday at $1,268.97.

Silver was up 0.1pc at $14.46 per ounce, while palladium lost 0.9pc to $1,307.35. Platinum slipped 1.3pc to $803.10 an ounce.

Published in Dawn, May 23rd, 2019

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.