Publisher: Maaal International Media Company
License: 465734
Tuesday, 22 April 2025
Gold steady ahead of US inflation data
Gold prices were steady on Monday as investors awaited US inflation data due later in the week to gauge the size of the Federal Reserve’s potential interest rate cut in September.
Spot gold was steady at $2,425.94 an ounce, while US gold futures fell 0.3% to $2,464.80.
In other precious metals, spot silver fell 0.6% to $27.29 an ounce, platinum rose 0.1% to $923.20, and palladium was almost unchanged at $905.00.
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