News

Gold Prices Steady as Traders Await US Fed Minutes on Interest Rates
Gold Prices Steady as Traders Await US Fed Minutes on Interest Rates

Gold Prices Steady as Traders Await US Fed Minutes on Interest Rates

Singapore, 9 Oct (ONA) —- Gold Prices held steady today as traders awaited cues on US interest rate policy from the minutes of the Federal Reserve's latest meeting.

Spot gold held its ground at $2,622.24 per ounce, after falling more than 1% in the previous session. US gold futures edged 0.2% higher to $2,641.00.

Minutes from the Fed's September policy meeting are set to be released. Traders will also scan the US Consumer Price Index (CPI) report tomorrow (Thursday) and the Producer Price Index (PPI) data on Friday.

Spot silver lost 0.2% to $30.63 per ounce. Platinum rose 0.6% to $955.90 and palladium fell 0.3% to $1,018.78.

—- Ends/Khalid

Related News ..