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The overnight deposit, lending, and main operation rates were cut by 2.25 percent each

The dollar index hovered near a three-year low hit last week, making gold more attractive for other currency holders

Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated

U.S. West Texas Intermediate crude fell by 16 cents, also down 0.3 percent, to $61.17

This increase marks the highest reading since July 2023

In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389

Nvidia declined 5.91 percent, Apple fell 4.24 percent to $190.42, and Microsoft dipped 2.34 percent to $381.35

Brent is set to fall 4 percent this week, while WTI is set to decline 3.8 percent

Earlier in the session, Bullion scaled an all-time high of $3,219.73, gaining over 5 percent this week

Prices fell by 0.1 percent compared to the previous month

Country faces economic challenges as consumer prices fall for second month

Country aims for $60 billion in foreign direct investment, $145 billion in exports