While investors waited for US data to get new economic indicators, gold prices remained stable on Wednesday. The rise in the dollar has partially offset the demand for safe stocks in a context of heightened tensions in the Middle East

US gold futures fell by 0.4% to $2,680.90. Spot gold held steady at $2,659.79 per ounce, at 0325 GMT, after rising more than 1% in the previous session. Bullion is considered a safe investment in times of political and financial uncertainty. Matt Simpson, a senior analyst at City Index, said that “Gold benefited from the demand for safe havens during a risk-free session on Tuesday. Unless tensions in the Middle East escalate further, I think gold will remain below its all-time high and trading conditions will be choppy as we await the data

Spot silver held steady at $31.4 per ounce, platinum gained 1.2% to $997.30, and palladium rose 1.6% to $1,010.35.