Baku:Spot gold prices remained stable on Wednesday as investors anticipated the release of the US consumer price index data, which is expected to provide insights into the Federal Reserve's monetary policy direction.
According to Emirates News Agency, spot gold was steady at $4,159.45 per ounce as of 0251 GMT. Meanwhile, US gold futures for December delivery saw a slight increase of 0.1 percent, reaching $4,182.60.
In the broader metals market, spot silver experienced a decline of 0.6 percent, settling at $59.11 per ounce. Platinum prices remained unchanged at $1,664.19, while palladium rose by 0.4 percent to $1,130.81.