Gold Prices Flat Ahead of Key US Interest Rate Announcement

Gold
Gold

Singapore: Gold prices were largely stable in Asian trading today as investors remained cautious ahead of the US Federal Reserve’s upcoming interest rate decision.

Spot gold held steady at USD 4,186.99 per ounce, while US gold futures for December delivery slipped 0.1% to USD 4,215.80 per ounce.

Among other precious metals, silver was unchanged at USD 58.10 per ounce after reaching a record high of USD 59.32 on Friday.

Platinum rose 0.5% to USD 1,650.20 per ounce, and palladium gained 0.4% to USD 1,471.25 per ounce.

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