LONDON: Gold fell on Friday, on track for a third successive weekly loss as strength in global equities diverted interest, though uncertainty over the timing of a US rate rise pegged prices in a narrow range.

Spot gold was down 0.5 per cent at $1,187.13 an ounce at 1140 GMT, while US gold futures for June delivery were down $7.30 an ounce at $1,187.00.

Spot prices are down 1.4pc this week, their biggest weekly loss in seven weeks.

Silver was down 0.6pc at $15.77 an ounce, while platinum was down 0.5pc at $1,126.99 an ounce and palladium was up 0.2pc at $768.72 an ounce.

Published in Dawn, April 25th, 2015

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