LONDON: Gold hit three-month highs on Wednesday as the dollar slid versus the euro and European shares fell sharply, prompting investors to seek shelter in assets perceived as safer.
Spot gold was up 0.9 per cent at $1,138.46 at 1618 GMT, having earlier touched its strongest since Nov. 2 at $1,139.90.
Spot silver was up 2.5pc at $14.65 an ounce, while palladium was up 3.1pc at $503.89. Platinum was up 3.3pc to $878.11.
Courtesy : Dawn News