Tuesday, 02 January 2024 12:17 GMT

Gold Steady Amid Easing Global Trade Tensions


(MENAFN- The Peninsula) QNA

Singapore: Gold prices held steady on Thursday after a sharp drop in the previous session, as easing trade tensions dented demand for safe-haven assets, overshadowing support from a weaker dollar.

Spot gold was flat at $3,388.49 per ounce, after dropping 1.3% in the previous session, while US gold futures were little changed at $3,495.90.

Spot silver was flat at $39.28 per ounce, platinum fell 0.1% to $1,410.47, and palladium slipped 0.3% to $1,273.98.

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The Peninsula

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