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Gold Prices Slightly Decline after Release of Minutes of US Federal Reserve’s Meeting

Doha: Gold prices fell slightly after the minutes of the US Federal Reserve’s July meeting showed a consensus to keep interest rates steady. Spot gold fell 0.2% to settle at $3,340.09 per ounce at the start of trading, while US gold futures for December delivery edged down by 0.2% to $3,382.30.

According to Qatar News Agency, silver also lost 0.2% in spot trading to $37.83 per ounce, platinum fell 1% to $1,326.93, and palladium declined 0.8% to $1,105.12.


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