Kuwait city: Gold Steady as Markets Weigh in Middle East: 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.

According to Qatar News Agency, spot gold was steady at $4,732.89 per ounce. Meanwhile, US gold futures for June delivery saw a slight increase of 0.3% to reach $4,742.40.

In other precious metals, spot silver remained unchanged at $86.08 per ounce. However, platinum experienced a decline of 1.6%, bringing its price down to $2,098.25. Palladium also saw a decrease of 1%, with its price settling at $1,494. Markets continue to closely monitor the situation in the Middle East and upcoming US economic indicators.