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

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play