World1h ago
Gold price in Dubai rises as traders await US inflation data for Fed rate clues
Gold prices in Dubai edged higher at the market open on Thursday as investors awaited key US inflation data that could influence expectations for the Federal Reserve’s next interest-rate decision.The 24K variant was trading at Dh531.25 per gram at the market open on Thursday, while 22K, 21K, 18K and 14K opened at Dh492, Dh471.75, Dh404.25 and Dh315.50 per gram, respectively.Globally, the spot gold price fell 0.13 per cent to $4,409.2 per ounce as of 9:05am UAE time. Silver was down 0.81 per cent...
This story was originally reported by Khaleej Times. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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