India, Oct. 30 -- Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate cuts.

Gold prices rose as much as 0.9% to trade near $3,967 an ounce after falling almost 5% over the previous four sessions. Spot gold rose 0.8% to $3,962.09 an ounce as of 9:08 am in Singapore. The Bloomberg Dollar Spot Index dipped 0.1%. Silver rose for a third day, climbing 0.8%, while platinum and palladium advanced.

On Wednesday, US Fed Chair Jerome Powell downplayed the likelihood of a December reduction after a widely expected quarter-point cut on Wednesday. Still, despite Powell's unusually direct remarks, the vote marked the third straight meeting in which officials...