Gold rose back above $1,500 an ounce on Tuesday, rebounding from the previous day's sharp sell-off as investors switched focus to the minutes of the U.S. Federal Reserve's latest meeting, which will be closely watched for clues on further interest rate cuts.
The fundamental backdrop for gold remains very supportive, with the ongoing trade dispute between the United States and China and a potential interest rate cut from the Fed.
Among other precious metals, silver rose above the key $17 level, gaining nearly 1.7% to $17.13 per ounce.
Trading has large potential rewards, but also large potential risk and may not be suitable for all investors. The value of your investments and income may go down as well as up. You should not speculate with capital that you cannot afford to lose. Ensure you fully understand the risks and seek independent advice if necessary.