International gold prices stabilized during trading on Monday, amid a state of anticipation for the outcome of the US Federal Reserve meeting, where the Federal Open Market Committee is scheduled to meet daily January 25 and 26.
This comes as investors wait for clues about a rate hike, while concerns about inflation and the rift between Russia and Ukraine have left gold's safe-haven appeal unchanged.
The spot gold price settled at $1,836.21 an ounce, while US gold futures rose 0.3% to $1,836.80.
For other metals, the spot silver price fell 0.3% to $24.15 an ounce, while palladium rose 0.8% to $2124.21, and platinum also rose 0.4% at $1032.80.
