Gold prices held steady on Wednesday morning, helped by a slight pullback in dollar, while investors awaited US inflation data to gauge the Federal Reserve’s path on normalising policy.
Spot gold was little changed at $1,762.12 per ounce at 9.35 am UAE time, up by 0.09 per cent.
In the UAE, 24K rose Dh0.75 per gram to Dh213.5 on Wednesday morning. Among the other variants of the precious metal, 22K rose Dh0.50 to Dh200.5, 21K to Dh191.25 and 18K to Dh164.0, according to Dubai Gold and Jewellery Group data.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.