[Mon, 12 Aug 2024 17:23:14 +0300]

SINGAPORE August 12. 2024 (Saba) - Gold prices stabilized on Monday, as investors awaited data on US inflation later this week to gauge the size of the potential interest rate cut by the Federal Reserve in September.

According to the American Bloomberg Agency, the price of gold in spot transactions stabilized at $ 2,425.94 per ounce, while US gold futures fell 0.3 percent to $ 2,464.80.

As for other precious metals, silver in spot transactions fell 0.6 percent to $ 27.29 per ounce. Platinum rose 0.1 percent to $ 923.20, while palladium was almost unchanged at $ 905.00.

J.A

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