emirates7 - Gold rose to a two-week high on Wednesday on technical buying as investors awaited the US Federal Reserve meeting next week for clues on the interest rate outlook.
Spot gold climbed 1.3 percent to $4,129.43 per ounce by 0511 GMT, having hit its highest level since 7th July earlier in the day. US gold futures for August delivery jumped 1.4 percent to $4,134.50.
Among other metals, spot silver was up 1.6 percent at $59.71 per ounce after reaching its highest point since 10th July earlier in the day.
Platinum climbed 1.9 percent to $1,659.97, and palladium rose 2.2 percent to $1,310.50.
Spot gold climbed 1.3 percent to $4,129.43 per ounce by 0511 GMT, having hit its highest level since 7th July earlier in the day. US gold futures for August delivery jumped 1.4 percent to $4,134.50.
Among other metals, spot silver was up 1.6 percent at $59.71 per ounce after reaching its highest point since 10th July earlier in the day.
Platinum climbed 1.9 percent to $1,659.97, and palladium rose 2.2 percent to $1,310.50.
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