On Wednesday, spot gold prices rose by half a percent to close at $1268.9 per ounce gaining for the third straight session amid uncertainty over the timing of a U.S. interest rate increase and the final U.S. presidential debate.Spot prices had fallen about 7 percent over the past three weeks, as markets re-priced the likelihood of a Federal Reserve rate increase in December.The third and final U.S. presidential debate between Donald Trump and Hillary Clinton starts at 9 p.m. ET (0100 GMT) on Wednesday.Fed fund futures imply a 65 percent probability of the Fed raising interest rates by December, down from 70 percent. The change was seen after U.S. consumer prices data on Tuesday showed a moderation in underlying inflation.On the MCX, gold prices rose by 0.4 percent to close at Rs.29901 per 10 gms.
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