Business

Gold Rangebound as Investors Look for Rate Hike Clues

Qatar NewswireComments Off on Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts.

Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40.

For other precious metals, Spot silver firmed 0.3% to $27.36/oz.

Platinum dipped 0.1% to $975.48 and palladium rose 0.4% to $974.93.

Source: Qatar News Agency

Qatar Newswire

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