Dubai:Gold prices edged higher on Wednesday, with spot gold increasing by 0.1 percent to reach US$3,931.24 per ounce by 0306 GMT.
According to Emirates News Agency, US gold futures for December delivery remained steady at $3,941.40.
In contrast to gold's rise, other precious metals experienced declines. Spot silver fell 1.3 percent to US$49.12 per ounce, platinum slipped 1.9 percent to US$1,389.54, and palladium dropped 0.6 percent to US$928.23.