Sana’a: Gold prices largely held steady in Asian markets Monday, following strong gains last week driven by economic uncertainty in the United States and a weakening dollar. This prompted investors to seek safe-haven assets. Spot gold prices stabilize…
Business
Gold Prices Stable in Asian Markets as Silver Approaches 14-Year Highs
Sana’a: Gold prices largely held steady in Asian markets Monday, following strong gains last week driven by economic uncertainty in the United States and a weakening dollar. This prompted investors to seek safe-haven assets. Spot gold prices stabilize…
Oil Prices Surge to Month-and-Half Highs Amid Trading Spike
Sana’a: Oil prices saw a significant increase in Monday afternoon trading, with US crude reaching its highest level in approximately a month and a half, specifically since April 22. By 2:52 PM Sana’a time, West Texas Intermediate (WTI) crude futures f…
Dollar Declines Against Major Currencies
London: The US dollar declined against all major currencies during trading on Monday, as the optimism following the release of a strong US jobs report gave way to caution ahead of the launch of high-level trade talks between the United States and Chin…
US And Chinese Delegations Set For Trade Talks In London
London: US President Donald Trump has announced that a US government delegation will meet in London on June 9 with a Chinese delegation to resolve trade disputes between the two countries. Trump indicated that the US delegation will include Treasury S…
China’s Bank Increases Gold Reserves for Seventh Month Amid Global Trends
Beijing: The People’s Bank of China has increased its gold reserves for the seventh consecutive month in May, continuing its strategy to diversify its holdings amidst ongoing price fluctuations. The central bank’s persistent accumulation of gold highl…