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Business / World Business

Gold extends gains to $4,431.09 per ounce

Published: 18 Aug 2026 - 09:44 am | Last Updated: 18 Aug 2026 - 09:46 am
Peninsula

QNA

Singapore: Gold rose for a third straight session on Tuesday as fears of a US interest rate hike next month eased, with investors awaiting ‌minutes from the Federal Reserve's latest meeting for fresh clues on the monetary policy path.

Spot gold was up 0.4% at $4,431.09 per ounce, while US gold futures for December delivery edged 0.3% higher to $4,487.70.

Among other metals, spot silver rose 0.8% to $66.33 per ounce. Platinum inched 0.5% higher to $1,779.50, while palladium was almost stable at $1,332.50.