Gold prices remained stable following a two-day decline, as several Asian markets were closed for the Lunar New Year holiday. Bloomberg posted on X, highlighting the impact of the holiday on trading activity. The pause in market operations across Asia contributed to the lack of significant movement in gold prices. Investors are closely monitoring the situation, awaiting further developments once markets resume operations. The Lunar New Year holiday typically results in reduced trading volumes, affecting price fluctuations in precious metals. As markets reopen, traders will assess the potential for changes in gold prices based on global economic factors and market sentiment.