Commodities Update — Gold prices flat; grains up on strong demand; copper falls

RIYADH: Gold prices were flat on Monday as a rising US dollar put pressure on demand for greenback-priced bullion and pinned it near the nine-month lows seen last week.

Spot gold held its ground at $1,741.84 per ounce at 0531 GMT. 

US gold futures dipped 0.1 percent to $1,740.10. 

Silver, Palladium fall

Spot silver fell 0.2 percent to $19.26 per ounce, while platinum slipped 1.2 percent to $886.22. 

Palladium dropped 3.5 percent to $2,106.89 after rising nearly 10 percent on Friday.

Grains surge