Doha: Gold was little changed on Thursday as investors awaited cues on the Federal Reserve's policy outlook. Spot gold was down 0.2% at $3,339.97 per ounce, and US gold futures for December delivery also lost 0.2% to $3,382.40. The US dollar index rose 0.1%, making greenback-priced gold expensive for overseas buyers. Spot silver was down 0.1% to $37.85 per ounce, platinum fell 0.4% to $1,334.58, and palladium shed 0.5% to $1,108.84.

According to Qatar News Agency, the slight decrease in gold prices reflects a cautious stance among investors, who are closely monitoring upcoming announcements from the Federal Reserve. The potential for interest rate changes by the Federal Reserve often impacts gold prices, as higher rates can increase the opportunity cost of holding non-yielding bullion. In the current scenario, the minor fluctuations in precious metals are indicative of a broader wait-and-see approach in the market.