Gold prices edged higher on Wednesday, helped by a softer dollar as slowing US inflation cemented bets that the Federal Reserve would keep interest rates unchanged later in the day.

Spot gold rose 0.3 percent to USDS 948.49 per ounce. US gold futures edged 0.2 percent higher to USD 1,961.70.

Spot silver climbed 0.7 percent to USD 23.8439 per ounce, platinum rose 0.3 percent to USD 979.37, while palladium was flat at USD 1,361.01.

Source: Qatar News Agency