Gold Sees Limited Fluctuations as Markets Await Fed Assessment of War, Economic Impact

Doha: Gold saw some limited fluctuations Wednesday amid anticipation of the Federal Reserve's assessment of the war and its economic impact, given the stalled peace talks. Spot gold was up 0.1% at $4,597.07 per ounce, after falling to its lowest level since April 2 in the previous session. US gold futures for June delivery were steady at $4,610.20.

According to Qatar News Agency, spot silver rose 0.8% to $73.64 per ounce. Meanwhile, platinum experienced a decline of 0.4% to $1,930, and palladium was down 0.4% at $1,453.91. Markets are closely watching the Federal Reserve's upcoming assessment, as it is expected to provide crucial insights into the potential economic impacts of the ongoing war and the prospects for peace.