Gold slides more than 1pc

3 April, 2016 12:00 AM printer

LONDON: Gold fell more than 1 per cent on Friday after US payrolls data for March beat expectations, allaying some fears over the health of the US economy.
Spot gold was down 1.4pc at $1,214.66 an ounce at 1330 GMT, having earlier touched a low of $1,213.10, while US gold futures for June delivery were down $18.90 an ounce at $1,216.50, reports the Media.
Silver was down 3.2pc at $14.88 an ounce, platinum 2.3pc at $949.50 and palladium 0.8pc at $557.75.