Precious Metals Gain Amid Federal Reserve Anticipation

On Tuesday, the precious metals market witnessed significant gains, with gold leading the charge by climbing over 1%. This upward trend continues from the previous day, as investors globally turn their attention towards the Federal Reserve's impending decision on key interest rates, expected to be announced tomorrow.

Market Reactions to Trade Uncertainties

The uncertainty surrounding United States President Donald Trump's trade policies has further fueled the rally towards safer investments. Gold prices specifically saw a 1.25% increase, trading at $3,375.21 per ounce by 3:26 am ET.

Silver, Platinum, and Palladium Follow Suit

Not to be outdone, silver experienced a 1.96% rise, reaching $33.13 per ounce at 3:27 am ET. Platinum also enjoyed a 1.58% gain, selling for $979.31 per ounce, while palladium edged up by 0.35% to $935.62 per ounce by 3:28 am ET.