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The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies

China's crude imports rebounded in November as lower prices drew stockpiling demand

Despite the sharp decline in the U.S. dollar, gold prices fell on prospects of easing tensions in the Middle East

Egypt's annual headline inflation remained broadly stable for the third consecutive month, at 26.5 percent in October 2024

The U.S. dollar picked up again, rising to around a 13-month high after gaining 0.17 percent to 107.14

The U.S. dollar index fell 0.11 percent to 106.57, making gold prices more appealing for other currency holders

In 2024, 80 percent of UAE banks have prioritized digital transformation, placing the nation at the center of the tech-driven banking evolution

Several Federal Reserve officials this week are expected to provide additional insight into the U.S. rate cut trajectory

Geopolitical risks stemming from the Russia-Ukraine war and the ongoing conflicts in the Middle East continue to raise safe-haven demand for gold

Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel

The U.S. dollar index lost some of its recent gains after rising 1.6 percent last week

As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel