Futures rebounded as much as $31 an ounce on Thursday. Gold for June delivery rose 0.8 per cent to $1,300.70 an ounce by 7:53am on the Comex in New York. Prices rose 0.5 per cent on Thursday after dropping to $1,268.40, the lowest level since February 10.
Gold climbed 8.1 per cent this year partly as the conflict between Russia and Ukraine fuelled demand. In China, volumes for the benchmark spot gold contract in Shanghai rose to a two-month high on Thursday.
This spot has been known to be one of the coldest spots in the UAE, recording sub-zero temperatures during peak winter in recent years
The leaders mourned the passing of Sheikh Isa bin Mubarak bin Hamad bin Sabah Al Khalifa
A collective of 509 university graduates received their graduation certificates this year
Read some of his last words in a poem he wrote amidst the raging war between Israel and Hamas