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Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
China's central bank marked its 18th consecutive month of gold purchases in April
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
Gold prices have established a support base around the $2,280 mark over the past week
Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel
Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September
Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel
The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
Bitcoin’s price is up 120 percent over the last six months
Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion
The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks
Listing proceeds to facilitate further investments in strategic initiatives
Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices
IPO saw an oversubscription rate of 64 times in aggregate
Powell's assurance that further rate hikes were off the table will help bullion
Investor sentiment remains cautious ahead of the interest rate decision by the U.S. Federal Reserve
U.S. crude production escalates to 13.15 million barrels per day in February
Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12
DFM’s trading value reached over AED25 billion during Q1 of 2024
Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices
Gold lost 2.2 percent last week amidst easing tensions in the Middle East
Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters
Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
