Spot gold rose 0.2% to $1,293.96 an ounce by 9:43 am on Monday, after reaching its highest since 18 August at $1,294.88 earlier. Photo: MintBengaluru: Gold rose to its highest in over a week on early Monday, extending gains from the previous session, after Federal Reserve chairperson Janet Yellen skipped any mention of monetary policy in a speech at a central bankers meeting in the US. Spot gold rose 0.2% to $1,293.96 an ounce by 9:43 am, after reaching its highest since 18 August at $1,294.88 earlier. US gold futures for December delivery were up 0.1% to $1,299.50 per ounce. Among other precious metals, silver edged up 0.3% to $17.10 an ounce, after earlier touching its best since 18 August at $17.21.

Source: Mint August 28, 2017 05:37 UTC