Silver inched up on mixed US data

Gold extended previous losses amid solid greenback and fading boost from stimulus measures in the US and Japan.

Silver was the only gainer on mixed data from the US. US jobless claims fell less than expected while the Philly Fed manufacturing index rose in September but remained in the negative area.

Platinum prices declined despite escalated supply concerns. Experts claim that Lonmin's decision to raise miners' wages is a dangerous precedent and may cause unrest at other South African mines.

Palladium was the worst-performer, tracking weakness of the base metals pack amid lingering growth concerns.