Doha: Gold prices nudged higher during early Asian trade on Wednesday, driven by optimism over a possible December interest rate cut by the Federal Reserve. Spot gold was up 0.2% at $4,136.59 per ounce. US gold futures for December delivery fell 0.1% to $4,134.00 per ounce.

According to Qatar News Agency, among other metals, spot silver slipped 0.1% to $51.36 per ounce, platinum lost 1% to $1,538.00, and palladium lost 1.1% to $1,382.24.