Gold rose on Thursday, trading close to a three-week peak hit in the previous session after the U.S. Federal Reserve phased out a possibility of an interest rate hike this year, while palladium scaled a record peak on supply issues.
Spot gold gained 0.3 percent at $1,315.81 per ounce as of 01:14 GMT, after touching its highest since Feb. 28 at $1,316.58 in the previous session.U.S. gold futures rose 1.1 percent to $1,316.10 an ounce.
Spot palladium gained 0.4 percent to $1,609.70 an ounce, after register a record high at $1,615.5 earlier in the session.
Source : Reuters