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