Gold prices stable after hitting one-month high: Check outlook and investment strategy
Gold prices remained stable on Thursday, January 16, after reaching their highest levels in over a month. Spot gold held firm at $2,696.30 per ounce, while US gold futures saw a 0.3% rise to $2,725.20 per ounce.
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This came after softer US core inflation data raised expectations for future interest rate cuts.
However, a ceasefire between…
