Gold Prices Steady Amid Focus on Middle East Conflict Developments

Business

Sana'a: Gold prices remained largely stable on Tuesday as investors took a breather after recent volatility, focusing instead on developments related to the conflict in the Middle East. Spot gold fell 0.1% to $4,560.39 per ounce by 02:28 GMT, after hitting its lowest level since March 30 on Monday. U.S. gold futures for June delivery rose 0.1% to $4,563.50.

According to Yemen News Agency, among other precious metals, spot silver fell 1.3% to $76.63 per ounce, platinum dropped 0.5% to $1,969.84, and palladium declined 1.2% to $1,401.74.