LONDON: The spot gold has increased to its highest level since March 6 at $1,195.30 an ounce before easing to trade up 0.1 per cent at $1,190.30, while US gold futures for April delivery raised 0.2pc to $1,189.40 an ounce.
Platinum was down 0.9pc at $1,134.75 an ounce, while silver rose 0.1pc to $16.92 an ounce and palladium lost 1.4pc to $766.45 an ounce.
Prices were on course to post their longest winning streak since January last year, with investors favouring bullion over the past few days because of a slump in the dollar after the Federal Reserve’s cautious stance on the US economy and diminishing likelihood of an early rate increase.
The metal, which does not pay any interest, had suffered from earlier speculation of higher US rates as early as June.
