Gold prices stabilized on Tuesday as investors took a cautious approach ahead of important US inflation data that may provide more clues about the Federal Reserve's policy path.
Spot gold remained unchanged at $2,351.39 an ounce after rising 1 percent in the previous session. U.S. gold futures rose 0.8 percent to $2,352.30. Investors await the April report of the US core personal consumption expenditure price index due on Friday, the Federal Reserve's preferred inflation measure.
Source (Al-Arabiya.net Website, Edited)
