London-Sana
Gold prices stabilized little changed today amid the uncertainty of monetary policy of the US central bank.
Reuters reported that the spot price of gold rose slightly by 0.1 percent to $ 1495.36 an ounce, while the price of yellow metal in US futures fell 0.8 percent to 1503 dollars an ounce.
The US central bank yesterday cut interest rates for the second time this year but ruled out further cuts as the labor market continues to be strong.
In other precious metals, silver fell slightly in spot transactions to $ 17.72 an ounce, while platinum and palladium were little changed to settle at $ 930.34 and $ 1590.79 an ounce.
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