Market

Gold Rises on Softer Dollar

Doha: Gold prices climbed on Monday as a softer dollar and renewed trade tensions fueled safe-haven demand. Spot gold was up 0.7% at $3,223.55 an ounce, and US gold futures gained 1.3% to $3,228.70.

According to Qatar News Agency, gold shed more tha…

Gold Rises on Softer Dollar

Doha: Gold prices climbed on Monday as a softer dollar and renewed trade tensions fueled safe-haven demand. Spot gold was up 0.7% at $3,223.55 an ounce, and US gold futures gained 1.3% to $3,228.70.

According to Qatar News Agency, gold shed more tha…

Gold Prices Rise As Dollar Declines

Doha: Gold prices rose Monday, driven by a weaker dollar and a rush to safe-haven assets, after Moody’s downgraded the United States’ credit rating. Spot gold increased by 0.9 percent to USD 3,229.69 per ounce, and US gold futures saw a rise of 1.4 pe…