Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts. Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40. For other precious metals, Spot silver firmed 0.3% to $27.36/oz. Platinum dipped 0.1% to $975.48 and palladium rose 0.4% to $974.93. Source: Qatar News Agency