June 12, 2024

Gold Dips on Firmer Dollar

Gold prices edged lower on Wednesday, weighed down by a stronger US dollar, as investors awaited key US inflation data and the Federal Reserves updated interest rate projections due later in the day.

Spot gold was down 0.2% at $2,311.80 per ounce. US…

US Fed Keeps Interest Rates Unchanged

The US Federal Reserve (central bank) Wednesday kept the interest rate unchanged in the range of 5.25 percent to 5.5 percent.

At the conclusion of their two-day meetings, US Federal Reserve officials revealed their expectations to reduce the interest…

HRH the Crown Prince Receives Ukrainian President

Jeddah: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, received in Jeddah today President of the Republic of Ukraine Volodymyr Zelenskyy.

HRH the Crown Prince welcomed the Ukrainian president to …