The paths of these two stars have intersected on several occasions due to their association with the luxury brand Bulgari
entertainment3 hours ago
Gold prices rose on Thursday bolstered by the US Federal Reserve's pledge to maintain easy monetary policy to aid economic recovery, while a weaker dollar provided further support.
Spot gold was up 0.48 per cent at $1,784.62 per ounce by 9am UAE time, having dipped to $1,762 in the previous session, its lowest since April 16.
In Dubai, Dubai Gold and Jewellery Group data showed that 24K retail price rose to Dh216.0 per gram as compared to Dh214.5 on Wednesday morning. While, 22K, 21K and 18K prices stood at Dh203.0, Dh193.75 and Dh166.0 per gram, respectively.
The US Federal Chair Jerome Powell also said the coming price increases would almost surely be of a passing nature, and not present the sort of persistent problem that would force the central bank to begin raising interest rates sooner than expected.
US President Joe Biden plans to unveil a sweeping $1.8 trillion package for families and education in his first speech to Congress.
Gold tends to benefit from widespread stimulus measures from central banks because it is viewed as a hedge against inflation.
-waheedabbas@khaleejtimes.com
The paths of these two stars have intersected on several occasions due to their association with the luxury brand Bulgari
entertainment3 hours ago
The students' demands range from a ceasefire in Israel's war with Hamas to calls for universities to stop investing in Israeli enterprises
world3 hours ago
Despite Kohli's flowing form ahead of the T20 World Cup in June, pundits have raised concerns over his strike-rate
cricket3 hours ago
Saudi Arabia has begun to explore extracting lithium from sea water
business4 hours ago
Speaking after meeting Lebanese leaders, French foreign minister says there had been "a lot of progress" over the French proposals
mena4 hours ago
The three-shot winner from Japan says he is aiming to become a member of the PGA Tour in the future
sports4 hours ago
Big-hitting Nienaber falters at the finish to settle for secondwhile former Abu Dhabi resident David Horsey takes the third spot at Saadiyat Beach Golf Club
sports4 hours ago
The UAE is India's second-largest export destination after the US
economy5 hours ago