Singapore - Saba:
Gold prices fell on Thursday as investors took profits after prices hit their highest level in more than a month earlier in the day, amid growing expectations that the Federal Reserve will cut interest rates next week.
Gold in spot transactions fell 0.5 percent to $2704.41 an ounce after hitting its highest level since November 6 earlier in the session.
US gold futures fell 0.5 percent to $ 2744.60.
As for other precious metals, silver in spot transactions fell 0.3 percent to $ 31.84 an ounce, platinum fell 0.2 percent to $ 937.55, and palladium fell 0.2 percent to $ 979.91.
Gold prices fell on Thursday as investors took profits after prices hit their highest level in more than a month earlier in the day, amid growing expectations that the Federal Reserve will cut interest rates next week.
Gold in spot transactions fell 0.5 percent to $2704.41 an ounce after hitting its highest level since November 6 earlier in the session.
US gold futures fell 0.5 percent to $ 2744.60.
As for other precious metals, silver in spot transactions fell 0.3 percent to $ 31.84 an ounce, platinum fell 0.2 percent to $ 937.55, and palladium fell 0.2 percent to $ 979.91.