Gold steadies despite mixed metals
Gold prices remained stable with no significant change during early Asian trading, with the spot price at $4,141.81 per ounce. Futures contracts increased by 0.3% to reach $4,169.10. Other precious metals either stayed steady or saw slight gains, with silver holding at $61.04 per ounce, platinum rising by 0.1% to $1,722.40, and palladium increasing by 0.2% to $1,175.39. Gold prices continue to decline at a monthly rate of 6% as markets await U.S. inflation data, coinciding with mixed performance among other precious metals in the market.
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