United States
Moody's downgrade of U.S. credit rating raises concerns about economic outlook and oil prices
Spot gold down 0.4 percent at $3,215.31, reflecting market reactions to geopolitical news.
MoU aims to strengthen cooperation in city planning, public security, and business promotion
Both contracts saw a rise of over 1 percent after the U.S. and China paused tariffs
Spot gold rose 0.7 percent to $3,223.55 an ounce amid global market fluctuations
UAE energy investments in the U.S. expected to reach $440 billion by 2035 as part of strategy
The bank noted that the U.S. eonomy showed resilience as recession fears subsided
The agreement will generate significant business and boost the UAE's AI ambitions
Both Brent and WTI were up 1 percent so far this week after a surge earlier in the week
Bullion has lost 3.3 percent so far this week and is set for its worst weekly performance since November 2024
The International Energy Agency (IEA) expects global oil stocks to rise by over 700,000 b/d across the year
