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Downward trends followed Beijing's decision to maintain the five-year and one-year loan prime rates at 3.6 percent
U.S. oil demand remained strong as distillate inventories fell more than expected by 2.8 million barrels
So far this year, gold has recorded 16 record highs, four of which were above the $3,000 milestone
The Fed is expected to maintain interest rates at 4.5 percent amidst economic uncertainty
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
Bitcoin has dropped 21 percent over the last three months
Increased geopolitical tensions in the Middle East heightened the demand for safe havens
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Expectations of lower Russian oil supply in the near term provided some support to oil prices
Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week
IPOs allow investors to diversify their investments across various UAE sectors, including tech, healthcare, and energy
Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
Spot gold was unchanged at $2,916.69 per ounce, while U.S. gold futures edged up 0.1 percent to $2,922.30
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Upon listing, Alpha Data’s market capitalization stood at approximately $408 million
The dollar index neared a four-month low, making bullion cheaper for global buyers
West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel
The Nasdaq Composite was down 4 percent, its largest one-day decline since September 2022
In the UAE, equity markets recorded an increase of $69.2 billion in market capitalization
Concerns over a potential global trade war shifted investors to safe-haven assets, raising gold prices
West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel
