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Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
Gold prices have risen over 27 percent this year and are set for their best performance since 2010
Gold prices have surged nearly 28 percent this year, reaching a record high of $2,790.15 on October 31
Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes
The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders
Brent oil futures increased by 0.2 percent, reaching $73.71 a barrel
In the past year, gold prices have gained over 27 percent, positioning bullion for its most successful year since 2010
Brent oil futures for February rose by 0.4 percent to $72.91 a barrel
Brent crude futures for February rose by 0.4 percent to $73.20 a barrel
Expectations of fewer cuts in 2025 pushed gold prices to their lowest since November 18 last week
Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality
Gold prices have lost around 2 percent so far this week
Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel
In the last week, the world's largest cryptocurrency lost 0.10 percent of its value
Reserves grew month-on-month by $316.9 million
Investor sentiment was impacted after the central bank signaled fewer rate cuts next year
Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel
The bond is the world’s first SLLB issued under the new ICMA/LMA framework
Brent oil futures for February delivery held steady at $73.20 a barrel
Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory
Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings
