Gold prices dip as investors await US Fed rate signals
Gold fell in early Asian trading as markets look to next week's US Federal Reserve meeting for interest rate guidance.
Key Takeaways
AIGold prices declined at the start of Asian trading today, as market participants awaited next week's US Federal Reserve policy meeting for signals on the future path of interest rates.
Spot gold fell 0.6% to $1,115.50 per ounce, after hitting its lowest level since October 15 at $1,104.33 on Wednesday.
US gold futures for December delivery dropped 0.4% to $1,132.30.
Spot silver slid 1.1% to $57.33 per ounce, platinum lost 1.1% to $1,609.95, and palladium slipped 0.8% to $1,078.52.