Wednesday 19 Aug 2026 Abu Dhabi UAE
Prayer Timing
Today's Edition
Today's Edition
Business

Gold inches higher, focus on Fed minutes

Gold inches higher, focus on Fed minutes
19 Aug 2026 08:26

CAPITALS (WAM)

Gold prices edged higher in early Asian trade on Wednesday as US Treasury yields eased from recent highs, while market participants ‌awaited the release of the Federal Reserve's meeting minutes.

Spot gold was ‌up 0.2% at $4,342.33 per ounce, as of 0030 GMT after falling nearly 2% on Tuesday. Meanwhile, US ​gold futures for December delivery edged 0.6% lower to $4,396.30.

Among other metals, spot silver fell 0.5% to $62.99 per ounce. ​Platinum climbed 0.3% to $1,717.03, ‌while palladium lost 0.3% at $1,286.73.

Source: WAM
Copyrights reserved to Aletihad News Center © 2026