LONDON: Gold gave up its earlier gains on Thursday as the euro declined versus the dollar.
Spot gold was bid at $1,088.35 an ounce at 1450 GMT, against $1,087.25 late in New York on Wednesday. The precious metal had risen as high as $1,095.95 an ounce in earlier trade. Silver rose to $16.55 versus $16.54. Holdings of the world’s largest silver exchange-traded fund, the iShares Silver Trust, rose 0.5 percent to 9,384.98 tonnes on Jan 27, it said. Platinum was at $1,509 an ounce against $1,502.50, while palladium was at $422 against $411.50. reuters
