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Gold and Precious Metals Surge Over 1% as Investors Await Fed's Crucial Interest Rate Decision

Investors Turn to Safe Havens Amid Market Uncertainty

As the Federal Reserve's decision on key interest rates looms, gold and other precious metals have seen a significant uptick. Gold, in particular, has continued its rally, climbing by more than 1% as investors seek safer investments amidst ongoing uncertainty from U.S. President Donald Trump's trade policies.

Price Movements in Precious Metals

At 3:26 am ET, gold was up by 1.25%, trading at $3,375.21 per ounce. Not far behind, silver increased by 1.96% to $33.13 per ounce at 3:27 am ET. Platinum also saw gains, rising 1.58% to $979.31 per ounce, while palladium edged up by 0.35% to $935.62 per ounce at 3:28 am ET.