Spot Gold Stable Amid Interest Rate Expectations
Singapore: Gold prices held steady today as investors assessed developments related to the Middle East conflict and interest rate expectations ahead of upcoming US inflation data.
Spot gold remained unchanged at $4,732.89 per ounce.
US gold futures for June delivery rose by 0.3 percent to $4,742.40 per ounce.
Markets are also awaiting US President Donald Trump’s two-day visit to China this week, during which he is scheduled to meet his Chinese counterpart to discuss several issues, including the ongoing conflict in the Middle East.
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