Gold Prices Steady as Inflation Risks Offset Rates
Gold prices held steady on Thursday as lower real rate prospects balanced inflation concerns. Spot gold traded near $4516 per ounce while silver rose.
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Gold steadied during Thursday afternoon trading, hovering at $4,516.19 per ounce after a session of profit-taking. The metal retreated from a high of $4,571.40 reached earlier in the session.
