Middle East

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

In the UAE, gold rates fell by AED3.75, with 24-carat gold priced at AED318.25 and 22-carat gold at AED294.50

The dollar index fell 0.14 percent to 105.90, raising gold’s appeal among holders of other currencies

This complex transaction stands as one of the most substantial investments to date in Saudi Arabia’s private K-12 education sector
