Gold prices eased slightly in early Asia on Friday as investors continued to assess the likely timing of a Federal Reserve rate hike expected this year.
On the Comex division of the New York Mercantile Exchange, gold for December delivery eased to $1.088.10 a troy ounce.
Silver for September delivery fell 0.04% to $14.690 an ounce.
Copper for September delivery rose 0.05% to $2.378 a pound.
On Wednesday, the Federal Open Market Committee (FOMC) concluded its two-day July meeting without offering any indications on whether it will adjust its benchmark Federal Funds Rate later this fall. U.S.
Gold, which is not attached to dividends or interest rates, struggles to compete with high-yield bearing assets in periods of rising rates.
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