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    Gold prices fall, its second monthly decline

    Gold prices fall, its second monthly decline

    26 Feb 2021

    Gulf Today Report  Gold prices dropped on Friday on encouraging economic outlook and inflation fears supporting US Treasury yields. Spot gold eased 0.1% to $1,767.81 per ounce by 05:20...

    Oil prices fall as US dollar gains, hope for supply gains

    Oil prices fall as US dollar gains, hope for supply gains

    26 Feb 2021

    Gulf Today Report  Oil prices declined on Friday due to a fall in bond prices that pushed US dollar and hope that oil prices will reach above pre-pandemic levels....

    Saudi Arabia’s PIF plans to invest $3 billion in new tourism venture

    Saudi Arabia’s PIF plans to invest $3 billion in new tourism venture

    25 Feb 2021

    Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency...

    Oil prices gain on Fed remark, decline in US output

    Oil prices gain on Fed remark, decline in US output

    25 Feb 2021

    Gulf Today Report  Oil prices advanced on Thursday, supported by Fed remark that US interest rates will remain low and a drop in US output due to storm in...

    Gold prices ease on strong yields

    Gold prices ease on strong yields

    25 Feb 2021

    Gulf Today Report  Gold declines on Thursday as US Treasury yields gain momentum reducing the metal’s appeal, however, the decline in dollar curtail its fall. Spot gold fell 0.4%...

    Oil prices fall as US crude stock builds

    Oil prices fall as US crude stock builds

    24 Feb 2021

    Gulf Today Report  Oil prices slid on Wednesday due to an unexpected build in US crude stocks last week as a deep freeze affected demand and forced refineries to...

    Gold prices as dollar declines and comments from Powell

    Gold prices as dollar declines and comments from Powell

    24 Feb 2021

    Gulf Today Report  Gold advanced on Wednesday due to weak dollar and comments by the Federal Reserve Chair Jerome Powell on the US economy still needing support. Spot gold...

    Japan-UAE economic ties remain robust with $22.4b trade in 2020: Minister

    Japan-UAE economic ties remain robust with $22.4b trade in 2020: Minister

    23 Feb 2021

    The United Arab Emirates is a long-time partner that has supported Japanese economy and society, and economic relations remain robust with $22.4 billion bilateral trade in 2020, a top...

    Oil prices climb above $1 as US output struggles

    Oil prices climb above $1 as US output struggles

    23 Feb 2021

    Gulf Today Report  Oil prices rose above $1 on Tuesday, supported by optimism of COVID-19 vaccine rollouts and lower output as US supplies slowly return after a deep freeze...

    Gold prices climb as dollar, yields ease

    Gold prices climb as dollar, yields ease

    23 Feb 2021

    Gulf Today Report Gold rose on Tuesday due to a weak dollar and US Treasury yields easing, also concerns about inflation has uplifted bullion’s appeal. Spot gold rose 0.2%...

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