Doha: Gold prices rose Tuesday, approaching record highs, supported by fears of an imminent US government shutdown, while weak jobs data reinforced expectations that the Federal Reserve will cut interest rates. Spot gold rose 0.3 percent to $3,845.33 per ounce, after hitting a record high of $3,871.45 during Asian trading hours. US gold futures for December delivery also rose 0.5 percent to $3,873.20.

According to Qatar News Agency, other precious metals saw a decline, with spot silver prices falling 0.7 percent to $46.62 per ounce despite a 17.3 percent increase since the beginning of the month. Platinum prices fell 1.5 percent to $1,576.75, while palladium decreased by 1.1 percent to $1,252.39.