Singapore - Saba:
Gold prices stabilised on Tuesday, as investors refrained from taking risks ahead of the US presidential election and the US Federal Reserve's monetary policy meeting scheduled for later this week.
According to media reports today, gold in spot transactions fell 0.1 per cent to $ 2733.39 an ounce after hitting a record high of 2790.15 last week.
US gold futures saw a slight decline of 0.1 per cent to $2742.40 per ounce.
Opinion polls in the US presidential election indicate a very close race between Republican candidate Donald Trump and Democratic challenger Kamala Harris, making the outcome of the race uncertain and could remain so for days after the voting ends.
In other psychological metals, silver in spot transactions stabilised at 32.46 per ounce. Platinum lost 0.1 per cent to $982.50, while palladium rose 0.2 per cent to $1076.50.
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