2 Days
Source:
وكالة الانباء الاردنية
Gold prices steady with slight weekly rise
Gold prices stabilized today, Friday, with slight gains expected for the week, as investors await U.S. employment data to gauge the Federal Reserve's stance on interest rates. The spot price of gold maintained at $4,477.10 per ounce after a 2% surge on Thursday, amid reduced expectations for rate hikes following statements from a Federal Reserve official supporting the idea of keeping rates steady if inflation indicators continue to decline. U.S. gold futures also fell by 0.4% to $4,522.60. Other metals, such as silver, declined slightly but are still on track to achieve weekly gains, while platinum and palladium are expected to suffer modest losses over the week.
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