LONDON: Gold climbed on Monday to its highest in more than seven weeks on buying fuelled by political uncertainty after comments by US President-elect Donald Trump on NATO and China.

Spot gold was up 0.5 per cent at $1,203.8 an ounce by 1436 GMT from an earlier $1,207.86, its highest since Nov 23. US gold futures were up 0.6pc at $1,203.20. Last week

Spot silver rose 0.2pc to $16.83 an ounce. Platinum prices slipped by 0.1pc to $982.75, while palladium fell 0.4pc to $746.47.

Published in Dawn, January 17th, 2017