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Gold prices stabilize amid US elections, await possible interest rate cuts
[04/11/2024 05:47]
SINGAPORE - SABA
Gold prices stabilized today, Monday, as investors are watching the US presidential election and the possibility of an additional interest rate cut.

The price of gold in spot transactions rose 0.1 percent to $ 2,738.29 an ounce (ounce). U.S. gold futures settled at $2,747.50.

Among other precious metals, spot silver prices rose 0.4 percent to $32.54 an ounce, platinum fell 0.1 percent to $991.72, while palladium rose 0.1 percent to $1,108.36.


Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025
Record rise in gold, silver due to demand for safe havens
Turkey's exports to neighboring countries exceed $28 billion in 2025

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