ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a …
Read More »Gold heads for weekly loss on oil-driven inflation fears
WORLD CAPITALS / WAM Gold fell to a more than one-week low on Friday and was set for a weekly decline as higher energy prices fuelled inflation fears and prolonged higher interest rates. Spot gold extended losses for the fourth straight session and was down 0.8 percent at $4,613.19 per ounce by 0205 GMT, its lowest level since 6th May. …
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