Gold prices stabilize today

Media In/ London 21 August 2019

Gold prices stabilized today above the 1,500-point level that was surpassed in the previous session, while investors await the minutes of the Federal Reserve meeting in July to get indicators on the future of interest rate cuts.
Spot gold was down 0.2% at $ 1503.50 an ounce by 0608 GMT.
Gold futures in the United States lost 0.2% to reach $ 1512.90 an ounce.
The minutes of the FOMC meeting in July, during which the US central bank decided to cut interest rates for the first time since the 2008 financial crisis, are due to be released today.
Among other precious metals, silver fell 0.3% in spot trade to $ 17.07 an ounce.