Gold futures crept higher Wednesday morning amid concerns about the global economic and the performance of global stocks.
Markets are still pricing in an interest rate hike from the Federal Reserve before year’s end, even though policy makers cited global headwinds as a cause for concern last week.
U.S. gold for December was up $4 at $1129 a ounce, while silver added 5 cents at $14.81.
Markit is set to release the results of its flash U.S. manufacturing PMI for September at 9:45 am ET. Economists expect a PMI score of 53.1 for the month, up from 52.9 in August.
The material has been provided by InstaForex Company – www.instaforex.com