Singapore, Gold prices rose on Tuesday, hovering near a record peak hit in the previous session as recent economic data boosted bets that the US Federal Reserve would start cutting interest rates later this year. Spot gold was up 0.1% at $2,428.14 per ounce. The bullion hit a record high of 2,449.89 on Monday. US gold futures fell 0.3% at $2,431.80. Spot silver rose 1.3% at $32.25 per ounce, platinum was down 0.1% at $1,045.80, and palladium lost 0.4%to $1,023.25. Source: Qatar News Agency
Related Articles
An environmental center warns of the decline in biodiversity in Iraq
The Iraqi Center for Environmental Monitoring warned, on Wednesday, of the decline in biodiversity in Iraq, due to climate change and human threats.
In a statement on the International Day for Biological Diversity, today, Wednesday, the Center urged …
US Federal Reserve cuts interest rate for first time in over 4 years
The US Federal Reserve slashed the targeted range of the benchmark interest rate, for the first time since March 2020, by 0.5 percent to 4.75 to 5 percent, prodded by the inflation’s progress towards the two-percent goal.
“In light of the progress o…
Boursa Kuwait is committed to luring investors from everywhere — official
Boursa Kuwait is committed to providing investment opportunities in the Kuwait finance market and in the listed companies for investors from all corners of the globe, the head of the bourse markets division Noura Abdulkarim has affirmed.
Abdulkarim, …