Gold edges higher as investors assess outlook for U.S. monetary policy after rate rise from the Federal Reserve and President Donald Trump’s reaction that he’s “not happy” with the hike.
Bullion for immediate delivery +0.1% to $1,195.89/oz by 7:04am in London, after -0.6% Weds. Gold -0.4% in Sept., set for sixth month of declines.
In other precious metals, Silver +0.6% to $14.4063/oz, Platinum +0.4% to $826.49/oz and Palladium +0.5% to $1,073.63/oz, after reaching $1,075.32 on Weds, highest since Jan. 30.
Source : Bloomberg