01/10/2025 04:44 AST

Gold prices rose further to hit a fresh high on Tuesday and were poised for their best month in 14 years, as fears of a potential US government shutdown and growing expectations of further US interest rate cuts boosted demand for the safe-haven metal.

Spot gold was up 1% at $3,869.75 per ounce. Bullion has risen 11.4% so far in September, on track for its best month since August 2011.

US gold futures for December delivery gained 0.4% to $3,872.

Spot silver was steady at $46.95 per ounce, platinum eased 0.2% to $1,597.58, and palladium fell 0.8% to $1,259.02.


QNA

Ticker Price Volume
(In US Dollar) Change Change(%)
Gold 3,649.4 12.5 0.34
Silver 42.39 0.69 1.65
Platinum 1,398.5 2.5 0.18
Palladium 1,188 -13 -1.08
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