gold falls after dollar firms up 24k priced at dh15375
Monday 3 March 2025
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Gold falls after dollar firms up, 24k priced at Dh153.75

Egypt Today, egypt today

Egypt Today, egypt today Gold falls after dollar firms up, 24k priced at Dh153.75

gold
Abu Dhabi - Arab Today

Spot gold dropped 0.3 percent to $1,264.06 per ounce, as of 0236 GMT. Gold, last week, saw its biggest weekly percentage fall
since the week of March 10, ending about 1.2 percent lower.

24k Dubai gold was priced at Dh153.75 and 22k at Dh144.25 today.

US gold futures eased 0.2 percent to $1,265.20 an ounce. The dollar index rose 0.1 percent to 99.118. US congressional negotiators have hammered out a bipartisan agreement on a spending package to keep the federal government funded through the end of the current fiscal year on Sept. 30, a senior congressional aide said on Sunday.

The US economy grew at its weakest pace in three years in the first quarter as consumer spending almost stalled, but a surge in business investment and wage growth suggested activity would regain momentum as the year progresses.

Hedge funds and other money managers increased their net long position in COMEX gold for the sixth straight week to April
25, lifting it to a 5-1/2-month high, US Commodity Futures Trading Commission (CFTC) data showed Friday.

Banks remain stubbornly cautious on gold's price prospects this year in spite of the metal's strong first-quarter performance, as the prospect of higher interest rates take the shine off the metal.

Demand for gold in India was seen higher ahead of an auspicious day for gold purchases on Friday compared to last year, with lower prices also acting as a catalyst. South Africa's AngloGold Ashanti has halted all exploration work at its La Colosa project in central Tolima, Colombia, after voters backed a proposal to ban mining in the municipality, the company said on Thursday.

On Sunday, US President Donald Trump increased diplomatic contacts with allies in Asia to secure their cooperation to pressure North Korea on its nuclear bomb and missile programs.

Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand.

British Prime Minister Theresa May expects divorce talks with the European Union to be tough, she said on Sunday after EU
leaders agreed on stiff terms and voiced alarm at "illusions" in London that may wreck a deal.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold falls after dollar firms up 24k priced at dh15375 gold falls after dollar firms up 24k priced at dh15375



GMT 09:55 2019 Monday ,19 August

Live an excellent atmosphere in your career

GMT 10:26 2011 Saturday ,11 June

Megan Fox in town for LG 3D TV rollout

GMT 06:47 2011 Wednesday ,22 June

Yahoo approaches Hulu with buy-up offer

GMT 19:22 2015 Friday ,13 November

'Call of Duty' video game blitzes on debut

GMT 10:57 2017 Friday ,03 November

The animals still being sent into space

GMT 00:32 2017 Wednesday ,03 May

Etisalat, Ericsson test 5G

GMT 09:37 2016 Thursday ,04 February

Luxembourg's ultimate offshore investment

GMT 13:18 2011 Wednesday ,08 June

Japan\'s next gizmo: brainwave-controlled cat ears

GMT 13:08 2017 Thursday ,07 December

Virtual fur flies as 'CryptoKitties' collar blockchain

GMT 19:35 2011 Thursday ,29 September

Ancient river-like volcanoes formed Mercury\'s plains

GMT 09:26 2012 Monday ,10 September

Fugitive Iraq VP rejects murder conviction

GMT 19:13 2017 Tuesday ,07 March

Wilders Wants to Ban Quran in the Netherlands

GMT 08:34 2012 Monday ,23 January

Why excreta matters

GMT 19:05 2012 Tuesday ,14 February

When making a game is a game in itself

GMT 10:40 2016 Friday ,09 September

US warns against using Samsung Galaxy Note 7 on planes

GMT 13:48 2016 Thursday ,06 October

Successful escape, landing for Blue Origin's rocket

GMT 23:52 2014 Wednesday ,12 March

Candy Crush maker sees IPO valuation up to $7.6bn

GMT 07:29 2015 Friday ,10 July

Emirati students complete forensic internship

GMT 12:54 2012 Tuesday ,14 February

Bentley SUV Rumored to debut at Geneva

GMT 08:02 2017 Tuesday ,31 October

IMF tells Gulf states to speed up switch from oil

GMT 09:57 2017 Thursday ,27 April

Iran’s covert nuclear activity continues

GMT 14:41 2014 Saturday ,29 November

Design your little Hyde Park

GMT 10:34 2017 Wednesday ,20 December

One person killed, his mother injured in house collapse

GMT 14:21 2013 Wednesday ,09 October

How to improve education in America?

GMT 14:37 2011 Sunday ,12 June

Case plus battery equals protection plus power

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday