General

Gold Prices Rise Over $2,500 Amid Rate Cut Optimism

Comments Off on Gold Prices Rise Over $2,500 Amid Rate Cut Optimism

Gold prices were little changed on Tuesday, but remained above the USD 2,500 per ounce level amid investor optimism about an imminent US interest rate cut.

Spot gold was steady at USD 2,515.51 an ounce, rising over 21 percent this year to a record high of USD 2,531.60 on Aug. 20, 2024.

US gold futures fell 0.2 percent to $2,551.

Among other precious metals, spot silver rose 0.6 percent to USD 30.07 an ounce, platinum fell 0.2 percent to USD 960.10, and palladium rose 0.8 percent to USD 965.91. (

Source: Qatar News Agency

Related Articles
General

UNRWA: An average of 10 children lose one or two legs in Gaza every day

Qatar Newswire

Gaza – Together – The Commissioner-General of UNRWA, Philippe Lazzarini, announced today, Tuesday, that the Israeli war on Gaza leads to an average of 10 children losing one or two legs every day.

“Basically, every day we have 10 children who lose on…
General

Jericho: Settlers attack the ‘Arab Al-Malihat’ gathering

Qatar Newswire

Jericho – Ma’an – Today, Thursday, settlers attacked the Bedouin community of “Arab Al-Malihat” northwest of the city of Jericho.

The general supervisor of the “Al-Baidar” organization for defending the rights of Bedouins, Hassan Mlihat, said, “Abou…
General

HH Deputy Amir Sends Congratulations to President of Eritrea

Qatar Newswire

Doha: HH the Deputy Amir Sheikh Abdullah bin Hamad Al-Thani sent a cable of congratulations to HE President of the State of Eritrea Isaias Afwerki, on the anniversary of his country’s Independence Day.

Source: Qatar News Agency