Gold prices held steady today, Tuesday, as investors refrained from making risky moves ahead of the U.S. presidential election. Additionally, markets are closely watching the upcoming U.S. Federal Reserve policy meeting scheduled later this week.
In spot trading, gold dropped slightly by 0.1%, standing at $2,733.39 per ounce, following last week’s record high of $2,790.15. U.S. gold futures also saw a minor dip of 0.1%, settling at $2,742.40 per ounce.
As for other precious metals, silver remained stable at $32.46 per ounce in spot trading. Platinum slipped by 0.1% to $982.50, while palladium rose by 0.2% to reach $1,076.50.
