Singapore, Jan. 16 (BNA): Gold prices were steady on Thursday after hitting over one-month highs, as softer U.S. core inflation data lifted expectations that more rate cuts were still on the table.

Spot gold stood at USD 2,693.93 per ounce, as of 0603 GMT, after hitting its highest since December 12 earlier in the session. U.S. gold futures gained 0.2% to USD 2,723.70, Reuters reported.

Spot silver was flat at USD 30.66 per ounce, palladium dropped 1% to USD 951, and platinum shed 0.2% at USD 936.45.

H.K , A.J