European poll worries spikes gold prices
Gold prices inched up on Wednesday as uncertainity lures over the Dutch elections, while investors are eyeing the U.S.Federal meeting outcome related to a likely interest rate hike.
By 0313 GMT, Spot gold went up to 0.3 % to $1,201.64 per ounce.
U.S. gold futures slipped 0.1% at $1,201 per ounce.
Investors are also eyeing the Dutch elections, which is aiding the gold as a safe haven appeal.
Gold prices tumbled over 5%, since gold couldn’t sustain a break above its 200 DMA resistance at $1261, at the end of February.
Spot silver surged 0.5% to $16.92 an ounce.
Platinum was up by 0.8%, meanwhile palladium tumbled 0.1%.