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The rise in prices is fueled by geopolitical tension and supply concerns
The gold reserves recorded 7 percent year-on-year increase
The asset management industry reached $1.1 billion by end of 2023
Gold prices have reached new record highs in each session since last Thursday
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
The trade was executed on 5.7 million shares
U.S. dollar and Treasury yields remain firm, dimming expectations for June interest rate cuts
Parkin IPO enhances market's attractiveness and draws new investors
Softer U.S. inflation report strengthens bullish sentiment
China's manufacturing activity expanded for the first time in six months in March
Petrol prices in the UAE have been rising from February onwards
OPEC believes that the oil industry will need approximately $11.1 trillion by 2045
Globally, spot gold remained stable at $2,195.34 per ounce
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Globally, spot gold stabilized at $2,179.98 per ounce
Market concerns rise as major producers hold output policy steady
The index seeks to encourage enhanced company practices
Dirham-denominated assets gain momentum with increased investor confidence
The IPO will involve the sale of 30 percent of the company's capital
Globally, prices continued to rise above the mid-$2,150 mark
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd
Rising tensions fuel fears of supply disruption