Gold Rises as Dollar Slips

London, October 26 (QNA) – Gold rose on Wednesday, as the dollar and US Treasury yields fell amid expectations that the Federal Reserve might signal a slowdown in the pace of its interest rate hikes.

Spot gold gained 0.7% to $1,663.26 per ounce, while U.S. gold futures rose 0.6% to $1,667.10.

Silver rose 1.1% to $19.56 per ounce, platinum gained 0.9% to $922.90 and palladium climbed 2.1% to $1,963.81. (QNA)