Doha: Gold prices held steady on Monday, caught between uncertainty around the incoming administration of US President-elect Donald Trump policies boosting safe-haven demand and a strong US employment report that supported the Federal Reserve's caution on significant future rate cuts this year. Spot gold held ground at $2,690.49 per ounce, hovering near the high since Dec. 12 hit on Friday.
According to Qatar News Agency, US gold futures gained 0.2% to $2,720.20. Spot silver traded flat at $30.38 per ounce, platinum dropped 0.2% to $962.73, while palladium gained 0.1% to $949.12. These movements in precious metal prices reflect the market's response to economic uncertainties and the mixed signals from the US economic indicators.