Gold prices remained stable as the US dollar weakened in trading sessions. Investors monitored the precious metal's performance against the backdrop of currency fluctuations, with gold typically benefiting from dollar declines as it becomes more attractive for holders of other currencies.

Market participants assessed attempts to contain an oil-supply shock stemming from tensions in the Middle East. The conflict continues to create uncertainty in energy markets, with traders evaluating potential disruptions to global oil supplies and their broader economic implications.

The stability in gold prices reflects balancing market forces, with dollar weakness providing support while concerns about economic growth from higher oil prices temper gains. Traders remain cautious as geopolitical developments in the oil-producing region continue to evolve.