Singapore - Saba:
Gold prices stabilized today, Thursday, after recording their highest levels in more than a month, as core inflation data in the United States reinforced expectations of a rate cut.
Gold recorded in spot transactions $ 2,696.30 per ounce, after recording its highest level since December 12 earlier in the session. Gold futures in the United States rose 0.3 percent to $ 2,725.20.
As for other precious metals, silver in spot transactions fell 0.2 percent to $ 30.61 per ounce, and palladium fell 0.3 percent to $ 958.50. Platinum settled at $938.25.
Gold prices stabilized today, Thursday, after recording their highest levels in more than a month, as core inflation data in the United States reinforced expectations of a rate cut.
Gold recorded in spot transactions $ 2,696.30 per ounce, after recording its highest level since December 12 earlier in the session. Gold futures in the United States rose 0.3 percent to $ 2,725.20.
As for other precious metals, silver in spot transactions fell 0.2 percent to $ 30.61 per ounce, and palladium fell 0.3 percent to $ 958.50. Platinum settled at $938.25.