Commodities Gold holds above $1,600 on fears over economic impact of virus Updated : February 19, 2020 06:08 PM IST Silver was up 0.6 percent to USD 18.27, having hit a more than one-month high at USD 18.33, while platinum rose 0.6 percent to USD 998.04. The US dollar, also considered a safe-haven, scaled a more than four-month high against key rival currencies. Lower interest rates reduce the opportunity cost of holding non-yielding bullion and also weigh on the US currency. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.