Abu dhabi: Gold was broadly steady on Friday as a drop in US Treasury yields eased the opportunity cost of holding bullion, while muted safe-haven demand kept prices in check. Spot gold edged up 0.1 percent at $5,192.19 per ounce by 0543 GMT, with the benchmark 10-year yield falling to a three-month low on the day.
According to Emirates News Agency, US gold futures for April delivery were up 0.3 percent at $5,209.20. The dollar was set to gain 0.6 percent for the month, as indications of a more hawkish Federal Reserve made dollar-priced gold more expensive for holders of other currencies.
Spot silver rose 1.6 percent to $89.73 per ounce and was headed for a 6.1 percent gain on the month. Spot platinum climbed 5.2 percent to $2,260.09 per ounce, reaching a four-week high, while palladium gained 2.3 percent to $1,825.29.