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Brent crude futures edged up 2 cents to $85.35 per barrel
U.S. producer prices surprisingly fell in May amid lower energy costs, indicating that inflation has subsided
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
Dollar index rose 0.17 percent, making greenback-priced gold less attractive to other currency holders
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
Asia gold demand surges as buyers turn to bullion as a hedge against geopolitical and economic uncertainty
Brent crude futures for August delivery gained 0.2 percent to $82.09 per barrel
The paid-up share capital for the finance companies sector increased by 6 percent to reach $4.13 billion
Upcoming U.S. consumer price index data may impact Fed's policy rate projections
Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel
Data reveals that China has held off buying gold in May after 18 straight months of purchases
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
Shift in Europe and Canada's key policy rate bolsters bullion demand
Recent interest rate cuts in eurozone, Canada would support crude demand
Dollar accounts for over 60 percent of global central bank reserves, making it the world’s most widely held currency
From economic signals to policies and developments in the Fed
UAE Central Bank Law and Commercial Transactions Law are key legislative instruments
Country’s trade volume with UAE, an important economic partner, hit $20 billion in 2023
Lower dollar index and U.S. Treasury bond yields support bullion's rise
Brent crude futures for August delivery rose 0.5 percent to $78.80 per barrel
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
Softer job openings data, manufacturing PMI spur safe-haven demand for gold
Oman's addition brings AFAQ's total number of participant banks from the GCC region to 67
Signs of decline in the upcoming U.S. jobs data could support gold prices in the short term
