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Gold prices hold steady
Nada Ali Published in Amwal Al Ghad on 12 - 03 - 2025

Gold prices remained stable on Wednesday as investors awaited a key US inflation report, while ongoing concerns over President Donald Trump's tariff policies provided additional support for the precious metal.
As of 12:58 PM GMT, spot gold edged up 0.09 per cent to $2,918.46 per ounce, compared to its previous close of $2,915.70. Meanwhile, US gold futures rose 0.12 per cent to $2,924.31 per ounce, up from Monday's closing price of $2,920.90.
Market participants are closely monitoring inflation data, which could influence the US Federal Reserve's monetary policy stance and impact gold's appeal as a safe-haven asset.
Attribution: Amwal Al Ghad English, Reuters
Subediting: Y.Yasser

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