Gold prices rose on Tuesday, supported by a slight decline in the dollar and a decline in Treasury bond yields, as investors awaited the policy meeting of the US Federal Reserve to obtain indications about the timing of cutting interest rates.
By 1030 GMT, the spot price of gold rose 0.2 percent to $2,035.54 per ounce. US gold futures rose 0.5 percent to $2,034.90.
The Federal Reserve's policy decision is scheduled to be issued tomorrow, Wednesday, after its tendency toward easing at the December meeting, and markets largely expect the US central bank to leave interest rates unchanged at the end of the two-day meeting.
As for other precious metals, platinum fell 0.5 percent to $922.10 per ounce, while palladium rose 0.2 percent to $984.84. Silver fell in spot transactions by 0.5 to $23.09 per ounce.
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