Gold prices edged lower on Wednesday, weighed down by a stronger US dollar, as investors awaited key US inflation data and the Federal Reserves updated interest rate projections due later in the day.

Spot gold was down 0.2% at $2,311.80 per ounce. US gold futures rose 0.1% to $2,328.80.

Spot silver rose 0.2% to $29.33 per ounce, platinum was up 0.8% at $959.10 and palladium gained 1% to $892.45.

Source: Qatar News Agency

Gold prices edged lower on Wednesday, weighed down by a stronger US dollar, as investors awaited key US inflation data and the Federal Reserves updated interest rate projections due later in the day.

Spot gold was down 0.2% at $2,311.80 per ounce. US gold futures rose 0.1% to $2,328.80.

Spot silver rose 0.2% to $29.33 per ounce, platinum was up 0.8% at $959.10 and palladium gained 1% to $892.45.

Source: Qatar News Agency