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- KFH continues pioneering efforts to promote financial literacy in Kuwait
- US Fed holds interest rates steady
- Asian stocks hit by fresh tech fears as gold retreats from peak
- CBO releases its Macroeconomic Stability Report 2025
- Vodafone Qatar to showcase next-generation digital solutions enabling business growth at Web Summit
- Al Rayan Bank holds Executive Fraud Risk Management Briefing
- Saudi-built AI takes on financial crime
- Closing Bell: Saudi main market closes the week in red at 11,382
- Bahrain, UAE central banks keep interest rates unchanged
- Saudi Steel Pipe unit inks supply contract with Subsea Seven
14/06/2011 00:00 AST
Gold futures fell for a second straight day on Tuesday on a strong rupee, but the fall wasn't enough to boost demand in the lean season, dealers said.
At 5:28 pm, the most-active gold for August delivery on the Multi Commodity Exchange ( MCX )) was down 0.25 percent to 22,302 rupees per 10 grams.
* "No, there wasn't any improvement in demand despite the correction. No one is in hurry to buy," said a Mumbai-based dealer with a state-run bank dealing in bullion.
* International gold rallied on Tuesday as the jewellery sector came looking for bargains, the dollar slipped and investors fretted about the Greek debt crisis.
* Jewellers across Asia rushed to replenish stocks after a recent drop in gold prices, but main consumer India showed little interest as farmers turned their attention to their crop during the monsoon season, dealers said on Tuesday.
* The Indian rupee, which has a bearing on the landed cost of dollar-quoted gold, closed at 44.73/74 per dollar, stronger than 44.86/87 at the previous close, comforted by dollar's weakness overseas, but volatile local shares and oil companies demand for US currency arrested rupee's gains.
Reuters
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 4,509.81 | 32.25 | 0.72 |
| Silver | 79.92 | 2.93 | 3.81 |
| Platinum | 2,286 | 13.5 | 0.59 |
| Palladium | 1,818.5 | 52 | 2.94 |
30/01/2026
Global demand for gold broke records in 2025 as investors rushed into the metal and prices surged to repeated all-time highs, according to new data from the World Gold Council.
Total gold de
Gulfnews
30/01/2026
Dubai gold prices cooled slightly on Friday morning after a dramatic rally that pushed rates to record territory earlier in the week, even as prices remained close to historic highs and market volati
Gulfnews
29/01/2026
Copper moved higher on Wednesday while aluminium and zinc notched multi-year highs as the US dollar slid to a four-year low and investors continued to pile in with bullish bets on industrial metals.
Reuters
29/01/2026
Gold prices shot to a new record high in the UAE and globally on Wednesday evening, gaining over Dh115 per gram within a month in Dubai as investors rush to safe-haven metal amidst global uncertainti
Khaleej Times
28/01/2026
Gold climbed on Tuesday, hovering just shy of the $5,100-per-ounce mark breached for the first time in the previous session, as uncertainty around US President Donald Trump's policymaking prompted in
Asharq Al Awsat
Financial Information Co.
Saudi Arabia