Gold Prices Stabilize

Gold prices remained steady on Tuesday as investors focused on the U.S. Federal Reserve’s monetary policy meeting to assess whether President Donald Trump’s policies have any influence on its decisions.

Spot gold was priced at $2,738.90 per ounce, while U.S. gold futures rose 0.2% to $2,743.10 per ounce.

On Monday, gold prices dropped by more than 1%, a decline triggered by a low-cost Chinese artificial intelligence model that caused a broader market sell-off.

As for other precious metals, silver fell 0.4% to $30.07 per ounce, palladium decreased 0.4% to $957, and platinum dropped 0.4% to $943.35 per ounce.