Gold was for December delivery in December on the Comex division of the New York Mercantile Exchange last up $ 7.30 or 0.68 percent to $ 1,073.90 an ounce. Trade ranged from $ 1,068.10 to $ 1,075.40.
The Federal Reserve, meanwhile, held an unscheduled meeting overnight to reconsider the discount rate - currently at 0.75 percent, which is the rate at which banks borrow from the regional level and the Fed, he was appointed by the Board of Directors and rarely what is used by banks, pointed MKS.
", Are not federal funds rate, which is set by the Federal open market committee, however, an increase in the discount rate would this be interpreted as a signal to raise the imminent December at the federal funds rate," said MKS.
As for the other precious metals, Comex silver were for December delivery up 9.3 cents to $ 14.125 an ounce. Trade has ranged from $ 14.020 to $ 14.155.
The Platinum futures for January delivery on the Nymex down $ 3.40 at $ 844.00 an ounce, while palladium contract was the most actively traded $ 543.50 an ounce, up $ 2.15.