Singapore - (Saba):
Gold prices rose on Thursday after the Federal Reserve warned of rising risks related to inflation and the labor market, as investors awaited developments in US-China trade talks in the coming days.
Spot gold rose 0.9 percent to $3,392.90 per ounce. US gold futures gained 0.2 percent to $3,399.80 per ounce.
Gold hit an all-time high of $3,500.05 on April 22.
Among other precious metals, spot silver rose 1.2 percent to $32.85 per ounce, platinum rose 0.9 percent to $982.81, and palladium fell 0.3 percent to $969.93.
Gold prices rose on Thursday after the Federal Reserve warned of rising risks related to inflation and the labor market, as investors awaited developments in US-China trade talks in the coming days.
Spot gold rose 0.9 percent to $3,392.90 per ounce. US gold futures gained 0.2 percent to $3,399.80 per ounce.
Gold hit an all-time high of $3,500.05 on April 22.
Among other precious metals, spot silver rose 1.2 percent to $32.85 per ounce, platinum rose 0.9 percent to $982.81, and palladium fell 0.3 percent to $969.93.