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WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Gold prices have risen over 27 percent this year and are set for their best performance since 2010

The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders

Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries

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

Brent crude futures for February rose by 0.4 percent to $73.20 a barrel

Expectations of fewer cuts in 2025 pushed gold prices to their lowest since November 18 last week

Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel

Could it be a breakthrough?Â

Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel

Non-stop flights from Sharjah to Sochi will operate three times a week starting June 27, 2025Â