Gold prices steady as investors await Fed’s minutes

Gold prices stabilized on Wednesday, as investors awaited the minutes of the Federal Reserve’s latest policy meeting, searching for indications of when the bank will begin lowering interest rates.

Spot gold remained at $2,329.66 per ounce, while US gold futures gained 0.2%, recording $2,338.70.

As for other precious metals, silver rose in spot transactions 0.3% to $29.60 per ounce, platinum rose 0.6% to $996.70 per ounce, while palladium fell 0.5% to $1,016.34 per ounce.