Home Iraqi News Gold and precious metal prices are stable and declining in global markets.

Gold and precious metal prices are stable and declining in global markets.

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Gold and precious metal prices are stable and declining in global markets.
Gold and precious metal prices are stable and declining in global markets.

Gold prices were largely stable in global spot trading on Tuesday, remaining close to their lowest level in more than seven weeks.

Spot gold was trading at $4,124.57 per ounce, while gold futures slipped 0.3% to $4,156.70 per ounce.

Other precious metals also recorded losses during the session. Spot silver fell 0.6% to $60.62 per ounce, platinum dropped 1% to $1,699.86 per ounce, and palladium declined 0.5% to $1,209.08 per ounce.

The movements reflect continued pressure on precious metals markets, with investors closely watching global economic developments, interest rate expectations, and shifts in demand for safe-haven assets.

Despite gold holding near current levels, it remains close to its lowest point in more than seven weeks, while silver, platinum, and palladium all posted modest declines.