Gold prices rose in early trading on Wednesday, supported by a decline in US Treasury yields and a slight decline in the dollar. Investors are awaiting the Federal Reserve's statement later in the day for clues on future monetary policy directions.
Spot gold rose 0.1 percent to $3,329.27 per ounce. US gold futures also rose 0.1 percent to $3,326.90. Among other precious metals, spot silver fell 0.1 percent to $38.14 per ounce, platinum fell 0.6 percent to $1,386.31, and palladium rose 0.4 percent to $1,262.99.
Source (cnbcarabia, edited)
