London, January 04 (QNA) – Gold prices gained on Wednesday, supported by a pullback in the dollar, while investors awaited minutes from the Federal Reserves December policy meeting that could offer hints on the U.S. central banks tightening path.

Spot gold was up 0.3 % at $1,845.56 per ounce. U.S. gold futures were also 0.3% up at $1,851.30.

The dollar index slipped 0.2%, after scaling a two-week high on Tuesday. A weaker dollar makes bullion cheaper for other currency holders.

Spot silver rose 0.3% to $24.06. Platinum settled at $1083.65 while palladium gained 1.5% to $1,736.06. (QNA)

By

Leave a Reply

X