Gold prices fell Tuesday as the dollar rose, as traders await key US inflation data, which could indicate the size of the US interest rate cut next week. Spot gold fell 0.1% to $2,503.09 per ounce, while US gold futures were steady at $2,532.20. The dollar hit a one-week high Tuesday, making gold more expensive for holders of other currencies. Among other precious metals, spot silver fell 0.3% to $28.27 per ounce, platinum rose 0.5% to $942.45, and palladium rose 0.4% to $950.55. Source: Qatar News Agency
Related Articles
Iraq Reviews Its Investment Projects In A Specialized Forum In Oman
Baghdad – The National Investment Commission participated in the activities of the DUQM Economic Forum in the Sultanate of Oman, and reviewed its strategic investment projects in vital sectors.The Commission stated in a statement, “The delegation repr…
Minister of Planning chairs a meeting to discuss measures taken to implement the first phase of the Development Road Project
Deputy Prime Minister, Minister of Planning, Mohammed Tamim, chaired a meeting today, Tuesday, which included the Undersecretaries of the Ministries of Planning and Transport, the Prime Minister’s Advisors for Economic and Technical Affairs, and a num…
Russia upholds voluntary reduction in oil exports
The Kremlin said Wednesday that Russia would uphold the voluntary reduction in oil exports at 300,000 barrels per day until the end of 2023, and it would be reviewed next month. Russian Deputy Prime Minister Alexander Novak told journalists: “The volu…