Gold Hovers Above $2,000 as Fed Rate Decision Looms

General

Gold prices held steady above the key $2,000 level on Wednesday, while investors turned their attention to the US Federal Reserve's interest rate decision due later in the day.

Spot gold held its ground at $2,016.29 per ounce after rising more than 1% in the previous session. US gold futures were up 0.1% at $2,026.10.

Meanwhile, spot silver was down 0.2% at $25.33 per ounce. Platinum fell 0.4% to $1,061.53, while palladium gained 0.4% to $1,434.62.

Source: Qatar News Agency