Gold prices reached a one-week high, climbing 0.4% to $2,623.54 per ounce, supported by a softer U.S. dollar as markets await insights from Federal Reserve officials regarding interest rates. U.S. gold futures also rose by 0.5% to $2,627.60. Meanwhile, palladium remained steady at $1,005.20 after a significant rise of over 5% on Monday.