US Gold prices inched higher on Monday as Treasury yields edged lower, while investors await economic data and comments from Federal Reserve officials through this week for clarity on the US central bank’s timeline on interest rate cuts.
Spot gold was up 0.2% at $2,324.36 per ounce.
US gold futures also edged 0.2% higher to $2,336.70.
Spot silver rose 0.1% to $29.55 per ounce, platinum was down 0.2% at $990.30 and palladium lost 0.1% to $947.50.
Source: Qatar News Agency