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Gold approaches two-week peak before US rate decision
Gold prices rose by more than 0.9%, reaching $4,113.73 per ounce, the highest level in nearly two weeks, supported by technical buying ahead of the Federal Reserve Board meeting next week, which is expected to provide indications regarding interest rate forecasts. Additionally, gold futures for August delivery increased by 1.1% to reach $4,119.1. Meanwhile, other precious metals also saw gains: silver rose by 1.8% to $59.82 per ounce, platinum increased by 1.6% to $1,655.61, and palladium went up by 1.6% to $1,302.25.
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