Global gold price stability

January 10 / Global gold prices stabilized during today’s trading.

And the prices of the yellow metal increased in spot transactions by 0.05%, or the equivalent of $ 0.92, to reach $ 1872.76 an ounce, according to global market data, by “09:15 am UAE time.”
On the other hand, gold futures contracts for February 2023 delivery declined by 0.05%, equivalent to $0.93, to reach $1876.8 an ounce.
In terms of other precious metals, silver decreased by 0.78% to $23.68 an ounce, palladium rose 0.09% to $1778.03, and platinum increased by 0.05% to $1091.4.
Investors are awaiting the speech of Jerome Powell, Chairman of the US Federal Reserve, awaiting any indications on the path of US interest rates in the coming months.