US Gold Rates Today: Precious metal prices on September 28, 2022

US Gold Rates Today: Precious metal prices on September 28, 2022

In the international market, gold prices struggled amid the Central bank's stand to counter soaring inflation with high-interest rates.

Gold rose more than 1% amid a slight retreat in the dollar.

Spot gold advanced 1.3% to $1,650.49 per ounce.

US gold futures climbed 1.4% to $1,658.90.

Gold has not been able to benefit from the recent rout in equities.

The dollar retreated after reaching a new two-decade high.

Silver gained 1.3% to $18.66 per ounce after hitting a three-week low.

Platinum surged 0.5% to $852.30 and palladium rose 1.3% at $2,112.91.