LONDON: Gold fell on Monday as the dollar firmed and a
recovery in risk appetite supported world stock markets near nine-month
highs ahead of central bank meetings in the United States and Japan.
Spot
gold was down 0.7 per cent at $1,313.96 an ounce at 1400 GMT, while US
gold futures for August delivery were down $9.90 an ounce at $1,313.50.
Silver,
which fell about 3pc last week, was down 1.1pc at $19.37. Platinum was
0.5 pc lower at $1,071.60 an ounce. Palladium, which hit a near
nine-month high on Friday, was down 0.1pc at $679.45.
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