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Commodities

Gold Prices Edge Higher as Investors Await Fed Minutes

Guavy AI Editorial Team
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Gold
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Gold prices inched higher on Wednesday as U.S. Treasury yields eased from recent highs.

The spot price of gold rose by 0.2% to $4,342.33 per ounce at 0030 GMT after a nearly 2% drop the previous day.

In contrast, U.S. gold futures for December delivery decreased by 0.6% to $4,396.30.

The release of the Federal Reserve's meeting minutes is being closely watched by market participants as it may provide insight into future monetary policy decisions.

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