[Tue, 03 Dec 2024 15:59:18 +0300]

Singapore - Saba:
Gold prices rose on Tuesday, with expectations of a US interest rate cut this month increasing as the focus shifted to upcoming economic data for additional insights into the world's largest economy's monetary policy.

According to Reuters, gold in spot transactions rose 0.1 percent to $ 2642.42 an ounce, after falling about one percent on Monday.

US gold futures rose 0.3 percent to $2665.30.

In other precious metals, silver in spot transactions rose 0.3 percent to $30.60 an ounce, while platinum settled at $946.60 and palladium rose 0.5 percent to $985.86.

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