Gold stabilizes after interest rate decision


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Yemen News Agency SABA
Gold stabilizes after interest rate decision
[30/ January/2025]

Singapore - Saba:
Gold prices stabilized at the beginning of Asian trading today, Thursday, after the US Federal Reserve (Central Bank) decided to keep interest rates unchanged, which led to the absence of clear signals regarding the direction of US monetary policy this year.

Gold recorded in spot transactions $ 2,761.79 per ounce.. US gold futures rose by 0.2 percent, recording $ 2,774.50 per ounce.

As for other precious metals, silver rose in spot transactions by 0.2 percent to $ 30.85 per ounce, platinum increased by 0.7 percent to $ 952.49, and palladium rose by 0.5 percent to record $ 967.38 per ounce.