Gold prices rose as investors evaluated cautious remarks by U.S. Federal Reserve Chair Jerome Powell regarding potential interest rate cuts.
Spot gold rose 0.1% to $3,767.79 per ounce, after hitting an all-time high of $3,790.82 on Tuesday. December futures fell 0.4% to $3,800.30.
Other precious metals: silver declined 0.7% to $43.72 per ounce, platinum fell 0.2% to $1,475.78, and palladium dropped 0.1% to $1,218.54.
