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Global gold prices rise

Global gold prices rise

Gold prices rose on Tuesday, supported by a weaker dollar, as investors await the Federal Reserve's (US Central Bank) monetary policy meeting next week for clues on the future path of interest rates.

According to Bloomberg, spot gold rose 0.1 percent to $2,145.22 per ounce, while US gold futures for December delivery increased 0.1 percent to $2,164.70.

As for other precious metals, spot silver rose 0.7 percent to $25.48 per ounce, platinum increased 0.7 percent to $951.25, while palladium fell 0.2 percent to $1,017.87.

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