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- CBB Treasury Bills oversubscribed
- Qatar's Government tenders reach QR5.5 billion in Q2 2025
- Workshop held to highlight Oman's circular economy gap calculation project
- Tender results of Government Treasury Bills worth OMR 21.7 million issued
- Saudi sustainable building demand triples
- Oman's transport sector advances sustainable trade, connectivity goals
- Dubai's Damas Jewellery gets big new owner after Dh1 billion buyout by India's Titan
- RAKBank's H1-25 profit surges to Dh1.37b on higher fee income - lower impairments
- GCC bond and sukuk issuances decline 22% to $100bn in H1
- Saudi Arabian Bank SNB Reports 17% Jump in Second-quarter Profit
24/03/2025 05:43 AST
Gold prices slipped at the opening of markets in Dubai on the first trading day of the week due to a stronger US dollar as investors await fresh catalysts.
At 9am UAE time, the 24K variant of the yellow metal fell to Dh363.75 per gram, down from Dh364.5 per gram at the close of markets over the weekend. Among the other variants, 22K dropped to Dh337, 21K to Dh323 and 18K to Dh277 per gram.
Globally, gold was trading at $3,022.39 per ounce, down 0.62 per cent.
Fadi Al Kurdi, CEO of FFA Kings, said strong safe-haven demand driven by heightened tensions in the Middle East led the bullion to break record highs last week. "This ongoing instability is likely to continue weighing on investor sentiment and supporting gold's appeal. In Eastern Europe, hopes for diplomatic progress between Russia and Ukraine provided some relief. However, renewed Russian strikes on civilian infrastructure have tempered optimism, keeping markets on alert," said Al Kurdi.
Meanwhile, the Federal Reserve's cautious tone may limit gold's upside. "Persistent trade tensions could stoke inflationary pressures, and prompt the Fed to adopt a hawkish stance. However, signs of an economic slowdown may encourage a looser policy stance, providing renewed support for gold," he added.
Khaleej Times
22/07/2025
Aggregate bond and sukuk issuances in the GCC region stood at $100.3bn during the first half of 2025, compared with $128.8bn during the same period last year, marking a year-on-year decline of $28.5b
Muscat Daily
22/07/2025
In its latest report titled "Global Focus - Economic Outlook H2-2025", Standard Chartered said that Qatar's growth momentum is expected to remain intact in H2-2025, supported by robust public invest
The Peninsula
21/07/2025
Saudi Arabia has granted a low-cost airline license to an Air Arabia-led consortium, aiming to boost air connectivity, create jobs, and upgrade transport in the Eastern Province.
The new ca
Arab News
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 3,364 | 46.6 | 1.4 |
| Silver | 38.96 | 1.92 | 5.18 |
| Platinum | 1,403 | 40.5 | 2.97 |
| Palladium | 1,206.5 | 62 | 5.42 |
22/07/2025
Gold prices gained over 1% on Monday as the dollar and US bond yields weakened amid uncertainty over trade talks ahead of a US deadline of August 1 for countries to strike deals or face more tariffs.
Asharq Al Awsat
18/07/2025
Gold prices edged lower on Thursday, weighed down by a stronger dollar and robust US economic data, while caution persisted as markets awaited clarity on tariff developments.
Spot gold fell
Asharq Al Awsat
18/07/2025
UAE gold shoppers saw a significant price drop on Thursday - with gold falling by Dh5, and further declines now looking likely in the days ahead.
In Dubai, the price for 24-carat gold droppe
Gulfnews
16/07/2025
Gold surged 26 per cent in the first half of 2025, outperforming all major asset classes and recording 26 new all-time highs in dollar terms.
Fuelled by a weaker dollar, stable interest rate
Khaleej Times
11/07/2025
Gold prices on Thursday rose, supported by a slight decline in the dollar exchange rate and bond yields, while investors closely monitored developments in trade negotiations amid US President Donald
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