Gold Prices Stabilize After One-Month Low

Gold prices have stabilized after plummeting to a one-month low on Monday. According to market data, spot gold was trading at $4,300.96 per ounce as of 01:57 GMT, with only slight fluctuations.

The previous day saw gold hit its lowest point since August 7, but the metal has since steadied. Meanwhile, investors are keeping a close eye on the US Federal Reserve's upcoming policy decision for clues on future monetary policy.

Other precious metals have also experienced minor changes in their prices: spot silver edged up by 0.1% to $63.28, platinum declined by 0.1% to $1,757.46, and palladium fell by 0.7% to $1,283.61.