New York - Saba:
Gold prices stabilized today, heading for gains for the third week in a row after US data this week indicated that the Federal Reserve "the US central bank" may continue to cut interest rates this year.
According to Reuters, the price of gold in spot transactions stabilized at $ 2715.21 per ounce, hovering near the highest level in more than a month, which it recorded yesterday, Thursday. Gold has increased about one percent so far this week.
US gold futures fell 0.1 percent to $ 2747.50 per ounce.
As for other precious metals, silver in spot transactions increased 0.1 percent to $ 30.82 per ounce, adding more than one percent during the week.
Palladium fell 0.1 percent to $937.25, and platinum fell 0.1 percent to $931.85. Both metals are headed for weekly losses.
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