LONDON: Gold fell on Monday after polls showed the campaign for Britain to remain in the European Union regaining some momentum, sharpening appetite for assets seen as higher risk and sparking a sharp rally in stocks.
That helped pull gold back from those highs. Spot gold was down 1.4 per cent at $1,280.66 an ounce at 1352 GMT, off an earlier low of $1,277.34 an ounce, while US gold futures for August delivery were down $11.00 an ounce at $1,283.80.
Silver was down 0.4pc at $17.43 an ounce and platinum was 1.4pc higher at $980.94. Palladium, which touched its lowest since May 25 on Friday, was up 1.8pc at $541 an ounce.
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