Gold prices stabilized above $ 1490 yesterday, as disappointing data from China stoked fears that its trade dispute with the United States is beginning to affect global economies.
Spot gold rose 0.1% to $ 1492.45 an ounce and prices gained 0.2%. US gold futures were down 0.1% at $ 1496.10 an ounce.
As for other precious metals, palladium rose 0.1% to $ 1,760.67, a day after rising to a record high of $ 1783.21 an ounce. The metal used to stimulate the car industry rose 3.6% last week and is on track to record its best performance since the week ending September 13, 2019.
Platinum declined 0.2% to $ 885 an ounce, while silver rose 0.1% to $ 17.54.