11 Hrs
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وكالة الأنباء القطرية
Gold steady ahead of US rate move
Gold prices remained stable in Asian trading at $4,477.10 per ounce amid anticipation of U.S. employment data that will influence the Federal Reserve's decision on interest rate hikes. Prices had increased by 2% yesterday following expectations of a reduced likelihood of a rate hike this month, as an official from the Fed confirmed that ongoing declines in inflationary pressures could keep prices steady. Other metal prices, such as silver, platinum, and palladium, experienced slight declines, heading towards modest weekly losses.
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