Gold prices remained stable on Tuesday after touching their lowest levels in over a month during the previous session. Investors are closely watching the U.S. Federal Reserve’s decision regarding monetary policy, seeking clues about its future direction.
Spot gold holds steady at $4,300.96 per ounce. Meanwhile, U.S. futures contracts fell by 0.3% to $4,341.10 per ounce.
Silver saw a slight increase of 0.1%, reaching $63.28. In contrast, platinum dipped by 0.1% to $1,757.46, while palladium dropped by 0.7% to $1,283.61.
Markets are awaiting the Federal Reserve’s decision, which could influence gold’s trajectory in the coming weeks, especially given gold’s sensitivity to interest rates.
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