Gold extends gains on easing rate-hike fears

Gold Extends Gains On Easing Rate-hike Fears

UrduPoint / Pakistan Point News / WAM – August 18, 2026

Gold rose for a third straight session on Tuesday as fears of a US interest rate hike next month eased.

Spot gold was up 0.2 percent at $4,424.28 per ounce by 01:30 GMT, while US gold futures for December delivery edged 0.2 percent higher to $4,480.90.

Among other metals:

  • Silver rose 0.9 percent to $66.40 per ounce.
  • Platinum inched 0.2 percent higher to $1,772.75.
  • Palladium was down 0.3 percent at $1,330.05.

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