Spot gold prices rise 0.3%

Gold prices rose on Wednesday as investors bought while the market awaited the US core personal consumption expenditures report.

Spot gold rose 0.3% to $3,308.99 per ounce, recovering slightly from a 1% decline in the previous session.

US gold futures rose 0.2% to $3,308.30.

Other precious metals were mixed, with spot silver holding steady at $33.31 per ounce, platinum rising 0.4% to $1,084.07, and palladium falling 0.2% to $976.22.