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Gold Edges Up on Bargain Hunting Ahead of Fed Verdict Singapore, 29 Oct (ONA) — Gold prices edged higher today as bargain hunters stepped in after bullion dropped to a three-week low in the previous session, with investors now awaiting the Federal Reserve’s rate decision later in the day. Spot gold was up 0.7% at $3,977.49 per ounce after dropping to its lowest since 7 October on Tuesday. US gold futures for December delivery rose 0.2% to $3,991.70 per ounce. Gold prices have climbed about 52% year-to-date, reaching an all-time peak of $4,381.21 on 20 October, bolstered by geopolitical and economic uncertainties, rate-cut bets and sustained central bank buying. Elsewhere, spot silver gained 0.7% to $47.36 per ounce, platinum rose 0.4% to $1,593 and palladium climbed 1.7% to $1,417.22.— Ends/Khalid
