inflation
Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days
Fed Chair Jerome Powell said on Wednesday the U.S. economy is stronger than the central bank expected in September
UAE's economy is set to grow from 3.7 percent in 2024 to 4.5 percent in 2025
Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting
The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns
The dollar index was up 0.07 percent to 106.52, reducing gold’s appeal among holders of other currencies
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
The dollar index fell 0.14 percent to 105.90, raising gold’s appeal among holders of other currencies
The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies
With Trump back in focus, the precious metals market may see some uncertainty ahead
Despite the sharp decline in the U.S. dollar, gold prices fell on prospects of easing tensions in the Middle East
