Gold prices maintained firm in early Asian hours on Monday, bolstered by statistics showing that inflation in the United States has slowed, raising hopes that the Federal Reserve may begin decreasing interest rates this year. The spot gold price remained barely changed at $2,323.74 per ounce. Gold futures fell 0.3% to $2,333. Spot silver dipped 0.3% to $29.05 per ounce, platinum was unchanged at $993.60, and palladium rose 0.2% to $974.50. Source: Qatar News Agency
Related Posts
China Helps African Countries Reduce Debt Pressure
China has been helping African countries alleviate debt pressure through multiple channels, a commerce official said Tuesday.
Under the framework of the G20’s Debt Service Suspension Initiative, China has played an active role in helping relevant nat…
Inflation in S. Korea Slows to 11-Month Low of 2.4 Percent in June
Seoul, Consumer prices in South Korea rose 2.4 percent on-year last month, compared with a 2.7 percent on-year rise a month earlier.
South Korea’s consumer prices slowed to an 11-month low in June, though prices of fresh food items and petroleum prod…
QCB to Launch Himyan, the First National Prepaid Payment Card, Soon
Qatar Central Bank (QCB) announced in a tweet, through its official account on Twitter, that it will soon launch Himyan card, the first prepaid national payment card with a Qatari brand and the first of its kind in the State of Qatar.QCB explained that…