Forex
Gold Prices Flat Amid US Interest Rate Hike Expectations
Gold prices remained steady in early Asian trading on Thursday as investors assessed the likelihood of another interest rate hike by the Federal Reserve this year.
The spot price of gold was unchanged at $4,285.31 per ounce, while US gold futures for December delivery held steady at $4,321.40.
Other precious metals also saw little movement, with spot silver falling 0.6% to $64.08 per ounce and platinum remaining stable at $1,749.47. Palladium rose 0.2% to $1,261.95.