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01/10/2025 04:44 AST
Gold prices rose further to hit a fresh high on Tuesday and were poised for their best month in 14 years, as fears of a potential US government shutdown and growing expectations of further US interest rate cuts boosted demand for the safe-haven metal.
Spot gold was up 1% at $3,869.75 per ounce. Bullion has risen 11.4% so far in September, on track for its best month since August 2011.
US gold futures for December delivery gained 0.4% to $3,872.
Spot silver was steady at $46.95 per ounce, platinum eased 0.2% to $1,597.58, and palladium fell 0.8% to $1,259.02.
QNA
Ticker | Price | Volume |
---|
(In US Dollar) | Change | Change(%) | |
---|---|---|---|
Gold | 3,649.4 | 12.5 | 0.34 |
Silver | 42.39 | 0.69 | 1.65 |
Platinum | 1,398.5 | 2.5 | 0.18 |
Palladium | 1,188 | -13 | -1.08 |
01/10/2025
Gold prices in Oman have surged to fresh record highs, with 24K gold reaching OMR 48.80 per gram and 22K gold climbing to OMR 45.55 per gram on Tuesday afternoon.
The sharp rise marks a sign
Times of Oman
01/10/2025
The UAE's removal from the FATF "grey list" on February 23, 2024 and the EU's decision on July 9, 2025 to align its high-risk list accordingly - with the delisting taking effect on August 5, 2025 - s
Gulfnews
30/09/2025
Gold rates in the UAE closed at a new high of Dh426.75 per gram (for 22-karat) and Dh460.75 (for 24-karat) Monday evening, up Dh4 from morning, as global prices shot past $3,800 per ounce for the fir
Gulfnews
30/09/2025
Gold prices surged past $3,800 an ounce for the first time on Monday, setting a new record as investors flocked to the safe-haven asset on U.S. rate cut expectations, fears of a potential government
Reuters
26/09/2025
The price of gold in the Qatari market increased by 1.36 percent this week to stand at USD 3736.71000 per ounce on Thursday.
Qatar National Bank (QNB) data showed that the price of gold incr
QNA