Gold prices demonstrated stability today, Friday, maintaining their position near the lowest levels recorded over the past week. This stability emerges amidst growing speculation regarding an increase in interest rates within the United States, as investors keenly await the announcement
of US consumer price index data later today. The price of gold in spot transactions reached $4318.88 per ounce by 00:20 GMT, following an earlier touch of its lowest point since September 2nd. It is noteworthy that prices had experienced
a decline of approximately two percent yesterday, Thursday, in the wake of data revealing an expected rise in US producer prices for August.