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Metals: gold remains stable

16/09/2025
Categories: Raw materials

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On Monday, gold remained stable, while that investors prefer not to take large positions before The US Federal Reserve monetary policy meeting scheduled for more late this week.

Spot gold held steady at $3,641.19 per ounce, at 07:42 GMT. The precious metal had advanced by around 1.6% last week, reaching an all-time high of $3,673.95 Tuesday.

Gold Futures at United States for delivery in December fell by 0.2% to $3,679.20.

Last week the data was showed that consumer prices in the United States increased in August at the fastest pace in seven months, driven by rising costs of housing and food. However, a strong increase in requests unemployment benefits allowed the Fed to maintain the course towards a reduction in Expected rate on Wednesday.

Elsewhere on the markets, spot silver rose 0.1% to $42.21 per ounce, the Platinum rose 1% to $1,404.72 and palladium appreciated by 1.1% to $1,209.80

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