Gold Remains on Track for Best Year in Eight

General

Gold remains on track for its best quarterly performance since the first quarter of 2016, after rallying on the back of a major U.S. interest rate cut.

Spot gold fell 0.1 percent to $2,666.50 an ounce, remaining below the previous session’s all-time high of $2,685.42. U.S. gold futures were down 0.2 percent at $2,688.90.

As for other precious metals, platinum rose 0.5 percent to $1,012.40, while palladium fell 1.5 percent to $1,031.75.

Source: Qatar News Agency