Gold Prices Steady ahead of US Inflation Data

Gold prices steadied on Wednesday, as investors keenly awaited the US inflation data for hints on the size of the Federal Reserves potential interest rate cut next week.Spot gold held its ground at $2,518.22 per ounce, while gold futures rose 0.2% to $2,547.10.Among other metals, spot silver edged up 0.1% to $28.40 per ounce, platinum gained 0.6% to $943.10, and palladium was up by 0.9% to $973.78.Source: Qatar News Agency