Gold Prices Hold Steady Near Seven-Week Low

Emirates News Agency:Spot gold prices remained stable near their lowest levels in over seven weeks on Tuesday.

According to Emirates News Agency, spot gold was mostly unchanged at $4,124.57 per ounce as of 0140 GMT, following a drop to its lowest point since August 5 in the previous session. Meanwhile, U.S. gold futures decreased by 0.3 percent to $4,156.70.

Other metals also saw declines, with spot silver falling by 0.6 percent to $60.62, platinum slipping 1 percent to $1,699.86, and palladium decreasing 0.5 percent to $1,209.08.