With support from Sheikha Fatima, UAE to restore Umayyad Mosque in Damascus
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Gold Holds Steady as Markets Eye Inflation DataSingapore, 12 Mar (ONA) — Gold held steady today ahead of a
key US inflation data that could help gauge the Federal Reserve’s
interest rate path amid trade tensions and economic slowdown fears.
Spot gold was flat at $2,915.65 an ounce, while US gold futures were
steady at $2,915.65.
Investors await US Consumer Price Index (CPI) data due later in the
day to analyse the Feds interest rate stance going forward this
year (2025).
Spot silver lost 0.6% to $32.76 an ounce, platinum rose 0.8% to $
982.52, and palladium slipped 0.3% to $943.31.— Ends/Khalid
