Gold, Silver Rate Today Live Updates: Gold steady near three-month high; silver rises as investors await US i

Gold Rate Today: Gold stocks rise to five-month high as Australian shares pare gains Gold stocks in Australia rose as much as 2.3% to a five-month high, even as the broader S&P/ASX 200 pared its early gains after hotter-than-expected inflation data raised concerns over a potential rate hike. Evolution Mining gained 0.3%, while the broader mining sub-index hit a record high, supported by strong copper prices..Silver gains as precious metals track rate outlook Silver prices rose as investors focused on upcoming US inflation data and its implications for the Federal Reserve's interest-rate decisions. Spot silver gained 0.7% to $69.09 per ounce, while platinum rose 0.6% to $1,869.22 and palladium advanced 1.4% to $1,345.30. A softer US inflation reading could support precious metals by reinforcing expectations for lower real yields, while broader concerns over US fiscal conditions and geopolitical developments also remained in focus..Gold holds steady as investors await US inflation data Gold prices held steady after hitting a more than three-month high in the previous session, as investors awaited the US Personal Consumption Expenditures (PCE) inflation data for clues on the Federal Reserve's interest-rate path. Spot gold was little changed at $4,652.39 per ounce as of 0150 GMT, while US gold futures rose 0.3% to $4,709.20. Softer-than-expected inflation could strengthen expectations of lower real yields and support demand for the non-yielding asset. Traders are currently pricing in a 63.6% chance of the Fed leaving rates unchanged next month, according to the CME FedWatch Tool.