Gold prices edge higher in Asia as investors await US rate decision
Gold prices saw a slight increase in Asian markets as investors watched for signals on US interest rates, with spot gold reaching $4,103.55 per ounce.
Key Takeaways
AIGold prices recorded a slight increase at the start of trading in Asian markets today, as investors awaited signals on the direction of US interest rates.
Spot gold rose 0.4% to $4,103.55 per ounce, putting it on track for a weekly gain of about 5.9% so far.
Meanwhile, US gold futures for December delivery were steady at $4,112.80 per ounce.
Among other precious metals, spot silver rose 0.5% to $52.01 per ounce, while platinum held steady at $1,517.20 and palladium was unchanged at $1,031.01.