Muscat: Gold Steadies with Middle East Conflict in Focus: Gold prices were largely steady on Tuesday, as investors took a breather after recent volatility while focusing on developments surrounding the Middle East conflict.
According to Qatar News Agency, spot gold fell 0.1% to $4,560.39 per ounce, after reaching its lowest level since March 30 on the prior day. Meanwhile, US gold futures for June delivery saw a slight increase, gaining 0.1% to $4,563.50.
The report also highlighted movements in other precious metals. Spot silver experienced a decline of 1.3%, bringing its price to $76.63 per ounce. Platinum saw a drop of 0.5% to $1,969.84, while palladium decreased by 1.2%, settling at $1,401.74.