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Gold steady

2017-02-23
LONDON: Nervousinvestors looked for new signals on whether US interest rates would rise in March and on US President Donald Trump`s tax plans as gold held steady on Wednesday.

Traders are waiting for the minutes from the US Federal Reserve`s last meeting, due at 1900 GMT on Wednesday.

Spot gold had edged up 0.1 per cent to $1,236.77 per ounce by 1500 GMT, while US gold futures dipped 0.1pc to $1,238.

Spot gold dropped as much as 1pc to touch a oneweek low of $1,225.73 in the previous session. Spot silver rose 0.2pc to $17.98 an ounce and platinum shed 0.1pc to $998.40. Palladium dropped 0.9pc to $772 af ter climbing nearly 10pc since late January.-Reuters