Spot gold was slightly down at $2,335.13 per gram on Monday
Qatar has suspended its case at the World Trade Organization against the United Arab Emirates over measures it said were designed to isolate Qatar economically.
The suspension, announced in a document filed at the WTO on Tuesday, follows moves by Saudi Arabia, the UAE, Bahrain and Egypt to end a boycott in which they severed diplomatic, trade and travel ties with Qatar in 2017.
Doha launched a complaint at the WTO in that year over the UAE's closure of its maritime border to Qatar, prohibition on Qatari aircraft entering its airspace, suspension of handling mail and closure of Qatari service suppliers' offices.
A three-person WTO panel had been set to decide on the case in the first quarter of this year.
The document issued on Tuesday said Qatar had requested the panel reviewing the dispute suspend its work in order to facilitate an "amicable final settlement".
A trade official said that the panel had agreed to do so. The panel's authority to decide on the case will formally lapse if its work is suspended for more than 12 months.
Spot gold was slightly down at $2,335.13 per gram on Monday
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The 51-year-old recently competed in the Masters Indoor World Cup — his 10th international tournament since undergoing surgery
Met Department advised people to take precautions during strong convective cloud activity associated with rainfall over Eastern and Northern areas
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Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
Annual rents in Dubai are usually paid in two, four or six instalments via post-dated cheques