London, November 02 (QNA) – Gold prices rose on Wednesday on a softer dollar, while market participants awaited a US Federal Reserve policy statement that could provide clues on the pace of future rate hikes.
Spot gold was up 0.2% at $1,650.67 per ounce, while US gold futures gained 0.3% to $1,655.00.
The dollar index dipped 0.2%, making the greenback-priced gold less expensive for holders of other currencies.
Spot silver was little changed at $19.67 per ounce, after climbing to a three-week peak on Tuesday.
Platinum gained 0.9% to $951.63 and palladium rose 1.2% to $1,901.70. (QNA)
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