Gold remains steady as investors watch Middle East ceasefire and inflation
Gold prices remained stable today, Tuesday, as investors monitor the ceasefire in the Middle East and continue to assess concerns over inflation and interest rate hikes. Spot gold traded at $4,332.50 per ounce, while August futures contracts declined by 0.1% to $4,357.10. Silver prices fell by 0.7% to $67.71 per ounce, while platinum decreased by 0.2% to $1,751.39. Meanwhile, palladium rose by 0.8% to $1,213.89.
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