United States
Losses from rate cuts to reach around $2.8 billion or 1.9 percent of GCC banks' total equity
Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors
$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28
Decline in inflation indicators could bode well for the precious metal
Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel
Stagflationary risks in the U.S. continue to support gold prices
Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel
Under the contract, Turnwell will be responsible for delivering 144 unconventional oil and gas wells
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Softer U.S. jobless claims data contributed to the optimism surrounding gold
