LONDON: Gold hit a two-week high on Thursday after the US Federal Reserve’s decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week.

Spot gold rose 0.2 per cent at $1,339.46 an ounce by 1400 GMT, close to levels last seen on Sept 8. Silver rose 1pc to a two-week high of $20.02 ounce.

Published in Dawn, September 23rd, 2016