Gold prices stabilized today, Tuesday, but are on track to achieve their best monthly performance in almost a year, with increased demand for safe havens.
Gold in spot transactions fell 0.1 percent to $1,994.15 per ounce.
US gold futures fell 0.1 percent to $2,003.60.
The demand for safe havens led to gold rising from $1,809.50 on October 6 to $2,009.29 per ounce last Friday, and it is now heading for a monthly increase of eight percent, which is the highest percentage since November 2022.
As for other precious metals, silver fell in spot transactions 0.6 percent to $23.17, and platinum fell 0.1 percent to $928.58, but both are heading for monthly gains.
Palladium fell 0.3 percent to $1,124.69 and is heading for a decline of more than nine percent this month.
2023-10-31 05:32:00
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