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[size=30]Gold prices stabilized near its highest level in three and a half months[/size]
27/02/2017 11:12 | Number of Views: 44
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Direction Press / and Kalaat
Gold prices steadied on Monday near its highest level in three and a half months that recorded in the previous session, while investors awaited more clarity on the economic policy of US President Donald Trump.
Little effect on the price of gold in the spot transactions were little changed and settled at $ 1256.93 the ounce by 0701 GMT time. The yellow metal recorded in the previous session, its highest level since November November 11 at $ 1260.10.
As gold futures also settled in the US contracts at $ 1258.
Investors are awaiting word Trump in front of a joint session of the US Congress on Tuesday evening where he is expected to give indications of his plan to cut taxes.
Silver surged 0.1 percent to $ 18.36 an ounce after recording its highest level in three and a half months earlier in the session at $ 18.41.
Platinum rose 0.1 percent to $ 1022.70 an ounce after hitting a five-month low of $ 1030.20 earlier in the session.
And palladium rose 0.2 percent to $ 770.20 an ounce.
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