inflation
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Strong dollar, possible interest rate hikes are major risks to gold prices
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Gold prices achieved a record high of $2,449.89 but have since lost over $100
Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel
The CBE's overnight deposit rate, overnight lending rate, and main operation rate will remain unchanged
The country's annual inflation rate rose from 68.5 percent in March to 69.8 percent in April
Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year
Qatar's medium-term outlook is more favorable with the IMF expecting growth to reach close to 4.5 percent
The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies
Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel
