Gold Prices Stabilize Ahead of Fed Decision

Gold prices have stabilized after hitting their lowest point in over a month. The price of spot gold remained steady at $4,300.96 per ounce as of 1:57 GMT on Tuesday, following a decline to its lowest point since August 7th the previous day.

The US Federal Reserve's upcoming policy decision is expected to provide clues about the future path of monetary policy, influencing investor sentiment and market trends.

US gold futures dipped by 0.3% to $4,341.10, while spot silver edged up by 0.1% to $63.28. Platinum lost 0.1% at $1,757.46 and palladium fell 7% to $1,283.61.