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Gold Prices Steady Ahead of US Inflation Data


Gold prices steadied today, as investors keenly awaited the US inflation data for hints on the size of the Federal Reserve’s potential interest rate cut next week.

Spot gold held its ground at $2,518.22 per ounce, while gold futures rose 0.2% to $2,547.10.

Among other metals, spot silver edged up 0.1% to $28.40 per ounce, platinum gained 0.6% to $943.10, and palladium was up by 0.9% to $973.78.

Source: Oman News Agency