China
Indonesia joining BRICS enhances collaboration with developing nations based on equality and sustainable development
U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42
Factors that may support gold prices include stronger central bank demand or rapid deterioration of financial conditions
Amid demand optimism and dollar strength
Major central banks will likely increase gold purchases in 2025, further boosting demand for the precious metal
Spot gold rose by 0.3 percent to $2,632.82 per ounce
Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel
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
Developing economies will be the most vulnerable to the challenges shaping the global economy in 2025
Gold prices have surged nearly 28 percent this year, reaching a record high of $2,790.15 on October 31
