[Wed, 11 Sep 2024 20:13:00 +0300]

SINGAPORE - SABA: Gold prices stabilized on Wednesday, as investors awaited US inflation data for hints on the size of a potential US interest rate cut next week.

According to Reuters, spot gold prices stabilized at $2,518.22 per ounce, while US gold futures rose 0.2 percent to $2,547.10.

As for other precious metals, spot silver rose 0.1 percent to $28.40 per ounce. Platinum gained 0.6 percent to $943.10 and palladium rose 0.9 percent to $973.78.

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