Gold: Gold was steady near a two-week high on Monday after a than-expected US jobs report last week tempered expectations of interest rate hikes from the Federal Reserve. Spot gold was steady at $4,174.66 per ounce, as of 02:52 GMT, after hitting its highest since 22nd June earlier in the day. US gold futures for August delivery climbed 1.5 percent to $4,186.70 per ounce.

According to Emirates News Agency, the stability in gold prices follows an unexpectedly mild US jobs report, which has led investors to reassess the likelihood of imminent interest rate hikes from the Federal Reserve. This development has influenced market sentiment, causing gold to hold its ground near recent highs.

Among other metals, spot silver fell 0.6 percent to $62.03 per ounce after reaching its highest price since 23rd June earlier. Platinum experienced a minor loss of 0.1 percent, settling at $1,636.60 per ounce, while palladium decreased by 0.2 percent, closing at $1,271.75 per ounce.