Spot gold was trading at $2,384.14 per ounce at 9.25 am UAE time, up 0.17 per cent
Spot gold was trading at $2,384.14 per ounce at 9.25 am UAE time, up 0.17 per cent
Globally, spot gold was trading at $2,385.97 per ounce at 9.45 am UAE time
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US crude has risen 20% year-to-date
Gold prices recently hit a record high while Brent oil is trading at $90 a barrel, rising from $83 a barrel a month ago
Experts are expecting the yellow metal to continue rising in the next two months
Prices also edged higher as investors were waiting for the US Federal Reserve’s policy meeting minutes and key inflation data cues
The precious metal prices have jumped by nearly Dh10 per gram in the UAE this month so far
There is a fundamental change in how people interact with the financial world, says Taurex