Globally, yellow metal was trading at $2,429.16 per ounce, up 0.28%
Globally, yellow metal was trading at $2,429.16 per ounce, up 0.28%
If inflation figures show further deceleration, gold may continue to appreciate as expectations for a September rate cut could intensify, says expert
Ongoing political risks in Europe and uncertainty regarding the US presidential election could potentially bolster gold as a safe-haven asset
The yellow metal rose nearly Dh4 per gram in the last two trading days of the last week
Downside for yellow metal rates remains limited as US Treasury yields continue to be influenced by Fed chairman Jerome Powell’s comments
For the second half of 2024, the key question in investors’ minds is whether gold’s momentum can continue — or if it’s running out of steam
Gains led by Qatar and Abu Dhabi bourses
Benchmark copper on the London Metal Exchange was up 0.6% at $9,615
Surge may lead to more costly battles with management
The precious metal was supported by the subdued US inflation data