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Gold Scales New High as Dollar Weakens ahead of Fed MeetingSingapore, 16 Sep (ONA) — Gold prices today scaled a record peak, supported by a weaker dollar ahead of the Federal Reserve’s policy meeting this week, where the central bank is widely expected to cut borrowing rates. Spot gold rose 0.1% to $3,680.17 per ounce, after hitting a record high of $3,689.27 earlier in the session. US gold futures for December delivery were flat at $3,718.80. Elsewhere, spot silver held steady at $42.71 per ounce, platinum eased 0.1% to $1,399.40 and palladium gained 0.4% to $1,188.59.— Ends/Khalid
