Gold steadies at $4,516.19
Gold prices remained steady at $4,516.19 per ounce at the end of today's trading session, after a slight decline of 0.1% in the spot transactions, reaching its lowest level since June 2nd of last year. Nevertheless, U.S. gold futures contracts rose by 0.6% to $4,571.40. As for other precious metals, they experienced gains: silver in spot transactions increased by 1.9% to $68.16 per ounce, platinum held steady at $1,824.72, and palladium declined slightly by 0.1% to $1,330.74. The stability in gold prices is attributed to the markets’ anticipation of economic developments and expectations regarding U.S. interest rates.
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