As the prospect of lower U.S. interest rates hurt the dollar and encouraged more flows into the yellow metal, gold prices steadied in Asian trade on Wednesday after reaching record highs this week.
Both spot and December-expiring gold futures saw 0.1% and 0.1% increases, respectively, to $2,515.44 and $2,553.35 an ounce. At $2,531.72 an ounce on Tuesday, spot prices reached a new high.
Silver futures increased by 0.1% to $29.538 an ounce, while platinum futures decreased by 0.1% to $956.25 an ounce.
One-month copper futures increased by 0.2% to $2,554.10 per pound on the London Metal Exchange, while benchmark copper futures increased by 0.4% to $9,222.50 per tonne.
