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Gold prices rebound in Asia
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Loading...Gold prices jumped from Asia, as investors look ahead focused on the decision of the Central Bank of the United States during the week.
Gold for December delivery on the Comex rose by 0.15% to $ 1,164.50 an ounce.
Also on the Comex, silver futures for December delivery went down by 0.01% to $ 15.825 an ounce.
Copper for December delivery fell by 0.07% to $ 2.348 per pound as persistent worries about the future customer demand in China.
Chinese nation is the world's largest consumer of copper, which represents almost 40% of world consumption last year.
Meanwhile, the markets began turning their attention to the meeting of the Federal Reserve during the week. Investors are trying consider when the Federal Reserve will raise interest rates for the first time in nearly a decade.
Gold will likely move in a narrow range before Fed decision. Possible increases in precious metal if the US interest rate unchanged.
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