Gold Prices Stabilize as Investors Await US Interest Rate Decision
Gold prices stabilized after a previous decline, as investors await the Federal Reserve's decision on monetary policy and interest rates, with slight fluctuations in silver, platinum, and palladium prices.
Translated by Qiyas from السياسة — Original source
Gold prices stabilized today on Tuesday after touching their lowest level in over a month in the previous session, as investors awaited the Federal Reserve’s decision on monetary policy, looking for signals about the future trajectory of interest rates.
There was little change in the price of gold in spot trading, with it settling at $4,300.96 per ounce by 01:57 GMT, after recording its lowest level since August 7 yesterday.
As for other precious metals, silver prices in spot trading rose 0.1 percent to $63.28, while platinum prices fell 0.1 percent to $1,757.46, and palladium prices dropped 0.7 percent to $1,283.61.
