Gold prices edge higher after hitting two-month low
Gold rose slightly on Thursday after touching a two-month low, as markets await further signals on US Federal Reserve interest rate policy.
Key Takeaways
AIGold prices posted a modest gain on Thursday after hitting their lowest level in two months during the previous session, as investors awaited more clarity on the US Federal Reserve's approach to interest rates.
Spot gold rose 0.4% to $1,127.40 per ounce, while US gold futures climbed 0.3% to $1,150.60.
Among other precious metals, spot silver gained 0.4% to $60.39, platinum increased 1.4% to $1,653.88, and palladium advanced 1.4% to $1,141.00.