India, Sept. 3 -- Gold prices recovered slightly on Wednesday after falling for three straight sessions. Spot gold rose 0.1% to $4,386.94 an ounce in Singapore, while silver gained 0.1% to $65.38 an ounce. Platinum and palladium were little changed. Gold was trading near $4,385 an ounce after gaining about 1% in the previous session. The earlier rise ended a three-day losing streak for the precious metal.

One reason behind the rebound was US President Donald Trump's comments on the latest fighting with Iran. Trump appeared to signal that the military action in the Middle East could be short-lived instead of turning into a long war, according to Bloomberg. That helped reduce some fears about a prolonged conflict and a major rise in energy...