Gold prices steady as US interest rate trends await

Gold prices stabilized today, Tuesday, as investors awaited comments from US Federal Reserve Chairman Jerome Powell and jobs data for further signals on interest rates.

Gold recorded $2,332.27 per ounce in spot transactions, while US futures contracts rose 0.2%, recording $2,342.70 per ounce.

As for other precious metals, silver fell in spot transactions 0.1% to $29.41 per ounce, platinum settled at $978.20 per ounce, and palladium rose 0.8% to record $978.80.