Gold prices were subdued on Wednesday ahead of crucial US inflation data due this week, which could offer more clarity on the timing of the Federal Reserve's first interest rate cut this year. Spot gold was flat at $2,319.95 per ounce. US gold futures held their ground at $2,331.30. The dollar rose 0.1% against its rivals, making gold more expensive for other currency holders, while benchmark 10-year yields also edged higher. Spot silver rose 0.1% to $28.94, platinum climbed 0.8% to $989.70, while palladium lost 0.5% to $943.49. Source: Qatar News Agency
Related Articles
QSE Index Drops 0.33% at Start of Trading
Doha: The general index of Qatar Stock Exchange (QSE) dropped 34.60 points, or 0.33%, at the beginning of trading on Wednesday, down to the level of 10,348 points, compared to yesterday’s closing.
QSE index saw a rise in Telecoms by 0.10%; and Transp…
The Minister of Trade discusses with his Lebanese counterpart procedures for accelerating the convening of the joint Iraqi-Lebanese committee
The Minister of Trade, Atheer Dawood Al-Ghurairi, discussed with the Lebanese Minister of Economy and Trade, Amin Salam, the acceleration of holding meetings of the joint Iraqi-Lebanese committee, in a way that serves their mutual interests, especiall…
QSE Index Rises 0.22% at Start of Trading
Doha: September 18 – The general index of Qatar Stock Exchange rose 22.83 points, or 0.22%, at the start of trading on Sunday, to reach the level of 10,486 points, compared to Thursday’s closing.
QSE index was supported by a rise in Real Estate by 0…