Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut.
Spot gold slipped 0.2% to $2,385.60 per ounce, and US gold futures fell 0.3% to $2,425.30.
As for other precious metals, spot silver edged 0.1% higher to $27.0561 per ounce, platinum rose 0.3% to $915.20, and palladium was up 0.3% to $877.24. (QNA)
Source: Qatar News Agency