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Gold and dollar steady amid silver decline
The article has been processed according to the instructions, and the main summary of the topic is as follows: Gold prices remained stable at the start of Asian trading, as investors awaited U.S. employment data that will determine the direction of interest rates. Spot gold reached $4,182.45 per ounce, while December futures declined by 0.3% to $4,177. Gold's decline came after data showed that U.S. inflation rose less than expected in August, reducing expectations of a rate hike this month, amid ongoing global inflation pressures linked to the Middle East conflict. Additionally, prices of other precious metals such as silver and platinum also fell, while the dollar remained near its highest level in two months, supported by rising U.S. Treasury yields, with expectations for rate increases diminishing.
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