Gold prices rose on Thursday for the fourth straight session, supported by increased demand for safe havens amid the escalating Russia-Ukraine war, as investors await indications of interest rates in the United States.
Spot gold futures were up 0.2 percent at $2,654.50 an ounce by 0023 GMT. U.S. gold futures were up 0.2 percent at $2,657.10 an ounce.
Ukraine on Wednesday fired a barrage of British Storm Shadow missiles at Russia, the latest Western weapon it has been allowed to use against targets deep inside Russia, a day after it fired US ATACMS missiles.
The United States also vetoed a UN Security Council resolution calling for a ceasefire in Gaza, further heightening geopolitical tensions.
CME Financial Services' FedWatch Index said markets now see a 54 percent chance of a 25 basis point rate cut in December.
As for other precious metals, silver rose 0.4% to $30.99 per ounce, platinum was stable at $960.46 per ounce, and palladium rose 0.1% to $1,021.73.
