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The U.S. dollar index fell 0.32 percent to 109.60, remaining near its two-year peak
Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
The U.S. dollar index held steady at 109.09, nearing the two-year high it touched last week
Sajwani said the company may increase this investment further depending on market conditions
The benchmark 10-year Treasury yield hit its highest since May 2024 yesterday, impacting bullion's rise
Factors that may support gold prices include stronger central bank demand or rapid deterioration of financial conditions
Traders are awaiting the release of the U.S. jobs report on Friday for additional insight into the Fed's interest rate outlook
Major central banks will likely increase gold purchases in 2025, further boosting demand for the precious metal
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
Gold prices have risen over 27 percent this year and are set for their best performance since 2010
