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18 April 2024

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Gold holds steady as markets eye inflation data

12-03-2025 09:18 AM


Ammon News - Gold held steady on Wednesday ahead of a key U.S. inflation data that could help gauge the Federal Reserve's interest rate path amid trade tensions and economic slowdown fears, while attention was also on a potential ceasefire deal in Ukraine.

Spot gold was flat at $2,915.65 an ounce as of 0455 GMT, while U.S. gold futures were steady at $2,921.00.

Spot silver lost 0.6% to $32.75 an ounce, platinum rose 0.8% to $982.52, and palladium fell 0.3% to $943.31. Reuters




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