Doha: Gold prices steadied on Tuesday as concerns over inflation and interest rate hikes remain in focus. Spot gold was steady at $4,332.50 per ounce. In the previous session, gold hit its lowest level in more than two months. US gold futures for August delivery were down 0.1% at $4,357.10.

According to Qatar News Agency, spot silver fell 0.7% to $67.71 per ounce, while platinum lost 0.2% to $1,751.39. In contrast, palladium saw a rise of 0.8% to $1,213.89, highlighting the mixed performance in the precious metals market amidst ongoing economic concerns.