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Published 25 Oct, 2016 06:55am

Gold firms

LONDON: Gold rose on Monday as the dollar retreated from an earlier near nine-month high, though uncertainty over the timing of a US interest rate hike kept prices hemmed in a range.

Spot gold was at $1,271.11 an ounce by 1340 GMT, up 0.4pc, while US gold futures for December delivery were down $4.30 at $1,272.00.

Silver was up 2pc at $17.83 an ounce, while platinum was 1.6pc higher at $944.50 an ounce.

Palladium, which hit a more than three-month low of $613.10 in the previous session, was up 0.2pc at $625.15.

Published in Dawn October 25th, 2016

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