Singapore, May 21 (QNA) - Gold prices held steady on Thursday, as fears of oil-driven inflation and higher global interest rates were offset by optimism around a potential US-Iran peace deal.

Spot gold was unchanged at $4,543.96 per ounce.

Bullion gained more than 1% on Wednesday after falling to its lowest level since ‌March 30 earlier ⁠in ⁠the day.

US gold futures for June delivery gained 0.2% to $4,545.50.

Spot silver was steady at $75.96 per ounce, platinum lost 0.2% to $1,947.37, and palladium fell 0.1% to $1,368.75. (QNA)