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Gulf Today Report Gold prices remain low on Thursday due to the continuous rise in US Treasury yields that has kept the non-yielding bullion under pressure. Spot gold was...
Gulf Today Report Gold dropped on Wednesday as hope for US Treasury yields increasing on further economic stimulus kept non-yielding bullion under pressure. Spot gold eased 0.2% to $1,734.26...
Texas Governor Greg Abbott issued the most sweeping rollback of coronavirus restrictions of any US state on Tuesday, lifting a mask mandate and saying most businesses may open at...
Gulf Today Report Gold prices dropped on Tuesday as the dollar gained and high US Treasury yields eroded investor appetite for the non-yielding metal. Spot gold eased 0.3 %...
Gulf Today Report Gold prices advanced on Monday beyond 1% as the dollar declines and the US passed a massive $1.9 trillion stimulus package. Spot gold was up 1%...
Gulf Today Report The Lunar New Year holiday slowed down business operations in China making factory activities move at the slowest pace in nine months, according to official data....
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...
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%...
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...
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%...