GDP
The country’s growth is projected at 4 percent for FY 2024/2025
If the PCE data reveals that inflation is slowing and the Fed can cut rates in September, gold prices will likely surge
In a bid to boost demand, India slashed import duties on gold and silver from 15 percent to 6 percent
The resort will include a long, bridge-like structure that spans 450 meters and is suspended 40 meters above a lagoon
Gold prices reached a record high of $2,483.60 last week as markets expected a 25-basis-point U.S. interest rate cut by September
The bank noted that "the current monetary stance is appropriate to support the sustained moderation of inflation."
For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects
Kuwait maintained crude oil production at 2.55 million barrels per day in line with its OPEC+ production cut obligations
OPEC raised its forecast for world economic growth this year to 2.9 percent from 2.8 percent
The dialogue seeks to boost bilateral trade and economic diversification initiatives
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
