Gold Gains on Softer Dollar and Safe-Haven Demand

Geneva: Gold prices edged higher on Thursday, buoyed by a softer dollar and safe-haven demand. Spot gold was up 0.3 percent at $5,183.85 per ounce, as of 02:58 GMT. Bullion hit a more than three-week high on Tuesday. US gold futures for April delivery were down 0.5 percent at $5,200.50. According to Emirates News Agency, spot silver shed 0.6 percent to $88.84 per ounce, after climbing to a three-week high on Wednesday. Spot platinum was down 0.5 percent at $2,274.16 per ounce, while palladium fell 1.4 percent to $1,770.05. Both metals hit three-week highs in the previous session.