Business

Gold Set for Weekly Loss Amid Uncertainty over US Interest Rates

Morocco: Gold prices fell on Friday and were headed for a weekly loss amid persistent inflation concerns and expectations that the US Federal Reserve may keep interest rates elevated for longer. Spot gold declined 0.5 percent to USD 4,191.17 per ounce…

Gold Prices Steady Amid Inflation and Rate Hike Concerns

Doha: Gold prices steadied on Tuesday as concerns over inflation and interest rate hikes remain in focus. Spot gold was steady at $4,332.50 per ounce. In the previous session, gold hit its lowest level in more than two months. US gold futures for Augu…