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gold price stability

2022-07-13T08:01:56.700Z


London, SANA- Gold prices stabilized near their lowest level in more than nine months today, with investors awaiting


London-Sana

Gold prices settled near their lowest levels in more than nine months today, as investors awaited US inflation data for indications of the US Federal Reserve's monetary policy stance.

Reuters reported that the price of gold settled in spot transactions at $1725.83 an ounce, after it fell to its lowest level since late September at $1722.30 earlier in the session, and US gold futures fell 0.2% to $2271.00.

As for other precious metals, silver increased in spot transactions by 0.4 percent to $81.79 an ounce, platinum fell 0.3 percent to $348.85 and palladium rose 0.2 percent to $2031.18.

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Source: sena

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