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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
Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes
Brent oil futures increased by 0.2 percent, reaching $73.71 a barrel
Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries
Residential properties were valued at $81.8 million, surpassing commercial properties at over $55.5 million
Brent oil futures for February rose by 0.4 percent to $72.91 a barrel
