CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / World Business

Gold steady as markets weigh ‌developments in Middle East

Published: 12 May 2026 - 10:54 pm | Last Updated: 12 May 2026 - 10:56 pm
Peninsula

QNA

Singapore: Gold prices were largely steady on Tuesday, as markets weighed ‌the developments in the Middle East conflict and interest rate expectations ahead of key US inflation data.

Spot gold was steady at $4,732.89 per ounce.

US gold futures for June delivery gained 0.3% to $4,742.40.

Spot silver was unchanged at $86.08 per ounce, platinum slid 1.6 per cent to $2,098.25, and palladium was down 1 per cent at $1,494.