Precious Metals Gain as Market Awaits Federal Reserve's Decision

Spot gold experienced a significant surge, jumping 2.51% to $3,318.59 per ounce by 8:29 am ET, as investors remain on edge ahead of the Federal Reserve's upcoming decision and ongoing developments in the US-China trade war.

Other Metals Follow Suit

Not to be outdone, silver gained 1.25%, reaching $32.42 per ounce by 8:30 am ET, while palladium added 0.70% to hit $946.24 per ounce at the same time. Platinum, however, remained steady at $965.22 per ounce by 8:31 am ET.