New york: Gold prices held steady on Friday as investors awaited further signals on the trajectory of US interest rates, after the Federal Reserve indicated it may gradually reduce borrowing costs in the coming months. Spot gold settled at $3,647.75 per ounce, while US gold futures for December delivery inched up 0.1% to $3,681.20.

According to Qatar News Agency, among other precious metals, spot silver gained 0.2% to $41.88 per ounce. Platinum slipped 0.2% to $1,381.69, while palladium rose 0.5% to $1,155.98.