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    • Gold Holds Near $4,700 as Investors Await US Inflation Data

    By on April 9, 2026
    Gold
    Gold

    Gold Prices Steady Amid US-Iran Ceasefire Uncertainty

    Singapore:  Gold prices stabilised today as investors remained cautious amid uncertainty surrounding ceasefire talks between the United States and Iran, ahead of key US inflation data.

    Spot gold held steady at $4,715.42 per ounce, while US gold futures for June delivery declined by 0.8 percent to $4,739.20.

    Gold has fallen by more than 10 percent since late February, amid rising energy prices and concerns over inflation, which have weighed on expectations for interest rate cuts.

    In other precious metals, silver declined by 0.4 percent to $73.83 per ounce, platinum fell by 0.2 percent to $2,025.75, while palladium rose by 0.3 percent to $1,559.29.

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