Middle East
U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42
Factors that may support gold prices include stronger central bank demand or rapid deterioration of financial conditions
The IMF expects Egypt's economic growth to increase during 2025-2029 to around 5 percent
Major central banks will likely increase gold purchases in 2025, further boosting demand for the precious metal
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
Gold prices have risen over 27 percent this year and are set for their best performance since 2010
64 percent of insurers expect higher medical trends worldwide over next three years
The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders
In the past year, gold prices have gained over 27 percent, positioning bullion for its most successful year since 2010
Brent oil futures for February rose by 0.4 percent to $72.91 a barrel
Bin Touq: ‘Investopia Tokyo’ creates promising economic and investment opportunities for the UAE and Japanese business communities
