Central Bank
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
