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Singapore, May 18 (QNA) – Gold prices steadied on Monday, as investors bought the metal after it slipped to a more than 1-1/2-month low following inflation fears that triggered a rout in the global bond market.
Spot gold was steady at $4,536.45 per ounce, after hitting its lowest level since March 30 earlier in the session.
US gold futures for June delivery lost 0.5% to $4,539.90.
Spot silver fell 1.3% to $74.98 per ounce, platinum lost 0.5% to $1,963.88, and palladium dropped 1.2% at $1,396.14. (QNA)
