Gold Steady as Investors Await US Inflation Data

Gold prices settled into a holding pattern on Tuesday as investors awaited US inflation figures that could provide an updated view on interest rates after the Federal Reserve kept the door open for further policy tightening.

Spot gold was flat at $1…


Gold prices settled into a holding pattern on Tuesday as investors awaited US inflation figures that could provide an updated view on interest rates after the Federal Reserve kept the door open for further policy tightening.



Spot gold was flat at $1,922.30 per ounce, while US gold futures eased 0.1% to $1,946.10.



As for other precious metals, silver rose 0.4% to $23.16, platinum gained 0.3% to $901.02 and palladium added 0.3% to $1,221.83.



Source: Qatar News Agency