Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullions appeal. Spot gold rose 0.3% to $2,309.24 per ounce. US gold futures gained 0.5% to $2,318.80 per ounce. Among other precious metals, spot silver was up 1.3% to $26.89 per ounce. Platinum lost nearly 0.7% to $948.97, and palladium inched up 0.1% to $946.58. Source: Qatar News Agency
Related Articles
Qatar’s Non-Oil Private Sector Sees Boost in Commercial Activity in May -1-
Faster growth of output and new orders was reflected in another increase in employment. Hiring activity was linked to company development goals, including efforts to speed up the delivery of high-quality services and to gain staff experienced in new t…
Exchange Rates in Qatar – 1 –
Moroccan Dirham N/A 0.39590 Malayasian Ringgit 0.73380 0.79270 Norwegian Krona 0.31640 0.37340 New Zealand Dollar 2.18990 2.31970 Omani Riyal 9.40000 9.64800 Philippine Peso 0.05850 0.06470 Pakistani Rupee N/A 0.01360 Saudi Riyal 0.96400 0.98600 Swedi…
EU Provides Emergency Support to Palestine Worth 122.5 Million Euros
The European Union announced today the provision of 122.5 million euros in short-term emergency financial support to Palestine.
The EU said in a statement that the support includes 38.5 million euros in grants through the PEGASE mechanism to pay civi…