Gold Prices Steady Ahead of US Inflation Data

By News Desk on May 12, 2026

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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