Gold Prices Stabilize in Anticipation of Us Interest Rates

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Spot gold settled at $3,390.91 per ounce by 05:12 Abu Dhabi time, after touching its highest level since August 11.

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This article was first published on Cedarnews.net. For more exclusive news and reports, visit our website. Gold prices remained stable in trading on Thursday, as markets awaited the release of important US economic data that will determine the path of interest rates in the coming period. This anticipated data is considered crucial for precious metals markets, as gold’s performance is directly linked to the monetary policy directions of the Feder…