Nouakchott: Gold prices held steady today as investors assessed talks to end the US-Iran war, while the precious metal remained under pressure from rising expectations that the Federal Reserve will raise rates in December. Spot gold steadied at $4,191.09 per ounce. US gold futures for August delivery rose 0.2 percent to $4,208.40 per ounce.
According to Oman News Agency, traders now see an 89 percent probability of a December rate hike, up from 61 percent before last week's Fed meeting, according to the CME's FedWatch tool. Spot silver fell nearly 3 percent to $63.21 per ounce, platinum declined 0.4 percent to $1,672.90 per ounce, while palladium edged up 0.1 percent to $1,266.35 per ounce.