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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
26/04/2025 04:06 AST
Gold prices fell by more than 1% on Friday as China considered exempting certain US imports from its tariffs, denting the precious metal's safe-haven appeal.
Spot gold fell 1.4% to $3,302.81 an ounce.
US gold futures shed 1.1% to $3,312.80.
China is considering exempting some US imports from its 125% tariffs and is asking businesses to identify goods that could be eligible.
Non-yielding bullion, often viewed as a safeguard against global instability and which thrives in low-interest rate environments, has surged more than $700 this year, scaling multiple record peaks. It reached $3,500.05 on Tuesday.
Spot silver fell 0.6% to $33.37, platinum dropped 0.9% to $961.85, and palladium fell 1.7% to $937.93.
QNA
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 3,308.7 | -17.9 | -0.54 |
| Silver | 32.42 | -0.51 | -1.54 |
| Platinum | 973 | 1 | 0.1 |
| Palladium | 965.5 | -9 | -0.92 |
25/04/2025
Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week low amid optimism over the US-China trade deal.
Spot gold rose 1.5% to $3,335.39 an ounc
QNA
24/04/2025
The Dubai gold rate has gained a near Dh7 a gram early today, which will come as a complete jolt to shoppers in the UAE who had been hoping for a third straight day of price softening. The local gold
Gulfnews
23/04/2025
Saudi Arabia's demand for gold bars and coins rose 9 percent in 2024 to 15.4 tonnes, reaffirming the Kingdom's position as the Gulf region's largest investment market for the precious metal, a new re
Arab News
22/04/2025
Gold touched a record high on Monday as the dollar sank to a three-year low and trade war concerns between the United States and key trading partners stirred recession fears.
Spot gold advan
QNA
18/04/2025
The price of gold in the Qatari market rose by 3.18 percent this week, reaching USD 3,341.52000 per ounce, according to data released on Thursday by Qatar National Bank (QNB).
The price incr
QNA
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