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Gold Stable after 1-Month Peak  
Gold Stable after 1-Month Peak  

Gold Stable after 1-Month Peak

Singapore, 16 Jan (ONA) --- Gold prices were steady today after hitting over one-month highs, as softer US core inflation data lifted expectations that more rate cuts.

Spot gold held its ground at $2,696.30 per ounce, after hitting its highest point since 12 December 2024 earlier in the session.

US gold futures gained 0.3% to $2,725.20.

Spot silver shed 0.2% to $30.61 per ounce, palladium dropped 0.3% to $958.50, and platinum steadied at $938.25.

--- Ends/Khalid

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