for holders of other currencies, while higher U.S. bond yields weigh on the appeal of non-yielding bullion.In other precious metals, silver was up 0.4 percent at $16.41 an ounce, after touching the lowest
.S. Commodity Futures Trading Commission (CFTC) data showed.In other precious metals, silver was up 0.6 percent at $16.71 an ounce, after hitting a 2-1/2-week high in the previous session.Platinum rose 0
The drop in purchases by India, though, could weigh on global prices, which are still up nearly 6 percent from a mid-December trough, despite dropping back from a 17-month high hit at the end of January.
analyst Wang Tao said.Among other precious metals, spot silver fell 1 percent to $16.94 per ounce.Platinum was down 0.1 percent at $921.80 an ounce, having hit a two week low of $914.50, while palladium
Gold prices continued to move northward, rising by Rs 135 for 10 grams today to close at Rs 31,290 per 10 grams. The precious metal had been on the rise for the past two-three days ahead of the big sales day.
Syria, U.S.-Russia sanctions and trade war," said Brian Lan, managing director at dealer GoldSilver Central in Singapore.Spot gold may break a resistance at $1,348 per ounce and rise more towards the next