Gold holds at $4,055 as precious metals diverge

Spot gold steadied on Tuesday while silver and platinum edged up and palladium slipped.

Staff Writer
A pile of lustrous gold bars symbolizing wealth and prosperity.

Article summary

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Gold steadied at $4,055.39 per ounce in early Tuesday trading as US futures edged up 0.6 per cent. Silver and platinum made modest gains while palladium slipped 0.2 per cent.

Key points

  • Spot gold settled at $4,055.39 per ounce on Tuesday
  • Silver rose 0.1% to $58.24, platinum gained 0.4% to $1,633.88
  • Palladium fell 0.2% to $1,262

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Gold held steady in early Tuesday trading, with spot prices settling at $4,055.39 per ounce at 00:42 GMT. US gold futures rose 0.6 per cent to $4,055.10.

Among other precious metals, silver gained 0.1 per cent to $58.24 per ounce and platinum advanced 0.4 per cent to $1,633.88. Palladium moved in the opposite direction, falling 0.2 per cent to $1,262.