Here's a list of the places you can go; entry is free to most of them
Gold prices fell on Tuesday morning due to an uptick in the dollar but the precious metal was still trading above the $1,800 per ounce level.
Spot gold fell 0.16 per cent to $1,805.62 per ounce by 9.20 am UAE time. On Monday, the metal rose nearly one per cent to a high of $1,809.66, only about $4 shy of an over one-month peak scaled last week.
In the UAE, 24K was trading at Dh218.5 per gram on Monday morning, falling by Dh0.5 per gram from Monday’s close. Among the other variants of the precious metal, 22K was trading at Dh205.25 per gram, 21K at Dh195.75 and 18K at Dh167.75.
Jeffrey Halley senior market analyst for the Asia Pacific at OANDA, said there is no doubt that gold price is becoming more constructive towards further gains.
“The rally is made more impressive by the fact that the US dollar has continued strengthening against the major currencies overnight. In contrast, US bond yields eased across the curve, and it looks like gold is taking its cues from them for now,” he said.
Naeem Aslam, chief market analyst at AVA Trade, said gold prices jumped above the $1,800 level after yields on short-term treasury bonds dropped after Jerome Powell, chairman of the US Federal Reserve, indicated that inflation could persist longer than expected. “This update fuelled expectations of a sooner than expected interest rate hike to check surging commodity prices,” he said.
waheedabbas@khaleejtimes.com
Here's a list of the places you can go; entry is free to most of them
Some of the survivors were still recovering at hospitals while others were already in their homes
The vaccines will be flown to Democratic Republic of the Congo, Nigeria, South Africa, Ivory Coast and Cameroon
‘My current position is, to be honest, beyond all my pre-tournament expectations,’ said the tournament host
The confirmed case involved a 51-year-old man, who is currently in stable condition and undergoing treatment
Regarding the possibility of elections in the violence-hit country, the foreign affaires adviser said there would be more clarity on the timeline by September
The Zurich-based body said it has now moved the assessment to October
Mohanlal and other AMMA leaders resigned, accepting accepting moral responsibility for the association’s failure to address the issue