The international spot price of gold per ounce (XAU/USD) held firm at $3,319.38, registering a modest gain of $2.13 or 0.06%, as of the latest trade update.
Gold prices fluctuated within a tight intraday range of $3,308.35 to $3,327.98, reflecting subdued market activity. The metal continues to trade near the upper end of its 52-week range of $2,277.47 to $3,500.33, signalling strong year-on-year performance despite recent consolidation.
The minor rise in gold prices comes in the backdrop of stable market cues, with investors largely cautious ahead of potential macroeconomic triggers. The precious metal’s resilience above the $3,300 per ounce level continues to indicate underlying demand.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
