Stability of gold prices globally

Alanbat - Sara Shqair

Global gold prices settled above $1,900 on Wednesday, after a slight decline in the dollar and stabilization of U.S. Treasury yields.

According to Bloomberg Economic Agency, gold in spot transactions rose 0.1% to $1,900.09 per ounce, further away from last week's five-month low, and U.S. gold futures increased 0.1% to $1,928.60.

For other precious metals, silver in spot transactions increased 0.4% to $23.49 an ounce, platinum rose 0.1% to $920.04, while palladium settled at $1260.23.