Russia
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears
Expectations of lower Russian oil supply in the near term provided some support to oil prices
Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week
Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15
These discussions are vital for the Kingdom's efforts to address the Ukraine crisis and promote peace
Spot gold was unchanged at $2,916.69 per ounce, while U.S. gold futures edged up 0.1 percent to $2,922.30
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Attention turns to February's nonfarm payrolls data for insights on the U.S. economy
The eight OPEC+ countries plan to fully compensate overproduced volumes by June 2026
