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- Oil Updates - crude extends decline as US-China trade war weighs on global growth outlook
- Sohar Freezone announces expansion plan to meet growing investor demand
- Trade volume between Qatar, Indonesia reached QR4.13 in 2024: QC Chairman
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- Trade tensions rattle markets as dollar sinks, gold sparkles
- Boursa Kuwait publishes its 4th Corporate Sustainability Report
- Is gold entering the final blow-off phase after a record run?
- Dubai: Dh1.4 billion stormwater drainage project to reduce flood risk in 9 areas
- Jobs in UAE: Abu Dhabi's workforce increases 82% to 2.5 million
08/04/2025 00:58 AST
Gold prices dropped Monday to their lowest levels in more than three weeks, amid a widespread wave of selling by investors seeking to cover losses in other markets, amid growing fears of a global economic recession due to escalating trade tensions.
Spot gold fell 0.1 percent to $3,034.02 per ounce, after falling more than 1 percent earlier in the session, recording its lowest level since March 13.
Conversely, US gold futures rose 0.5 percent to $3,051.00 per ounce.
As for other precious metals, spot silver rose 2 percent to $30.13 per ounce, after hitting its lowest level in nearly seven months. Platinum also rose 1 percent to $926.06, while palladium gained nearly 1 percent to $919.50.
QNA
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 3,222.2 | 67 | 2.12 |
| Silver | 31.82 | 1.15 | 3.76 |
| Platinum | 950 | 16.5 | 1.77 |
| Palladium | 916.5 | 4.5 | 0.49 |
14/04/2025
After breaching $3,200 an ounce last week for the first time, gold prices appear to be in a climatic blow-off phase, with a brief spike above $3,300 likely before a significant correction between 10
Khaleej Times
12/04/2025
UBS and Commerzbank raised their gold price forecasts on Friday, joining other investment banks as investors drive the safe-haven metal to record highs amid the economic uncertainty sparked by US Pre
Reuters
11/04/2025
The price of gold has crashed past $3,200 an ounce for the first time in history - and taking the Dubai gold rate to Dh358 a gram for 22K.
The local gold price has now gone up by Dh24 on a g
Arab News
09/04/2025
Gold prices edged higher on Tuesday from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the United States and its key trading partners
QNA
27/03/2025
Gold has been on an unstoppable rally in 2025, surging more than 16% since the start of the year and recently breaking past $3,000 per ounce-well ahead of previous forecasts. This milestone has left
Gulfnews
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