Gold was flat on Tuesday as investors await fresh insights on the Federal Reserve’s stance on US interest rate reductions for further direction on bullion prices.

Spot gold held its ground at $2,646.64 per ounce. Prices hit a record high of $2,685.42 last month.

US gold futures edged 0.1% lower to $2,663.10.

Spot silver was flat at $31.14 per ounce. Platinum fell 0.3% to $989.95 and palladium slipped nearly 1% to $1,020.50.

Source: Qatar News Agency