Gold and silver prices steady on global markets

Gold and silver prices stabilized on global commodity exchanges on August 5 as investors assessed global economic indicators and upcoming labor data. 

On the COMEX exchange in New York, gold futures traded up 0.44% at $4,095.77 per troy ounce (approximately $131.68 per gram).

Meanwhile, spot silver gained 0.63% to reach $59.88 per troy ounce (approximately $1.92 per gram). Market analysts attribute the steady stance to investor caution surrounding Federal Reserve monetary policy prospects. 

N.Tebrizli