UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
UAE signs cooperation agreement with UN World Food Programme to support humanitarian efforts in sudan
UAE reopens Sheikh Zayed Child Care Complex in Istanbul following comprehensive redevelopment
Gold Rises as Dollar, Treasury Yields FallSingapore, 11 Mar (ONA) — Gold rose today on weak dollar and
Treasury yields, as investors awaited inflation data to assess the
Federal Reserve’s policy path amid simmering trade tensions and fears
of economic slowdown.
Spot gold rose 0.3% to $2,898.27 an ounce, while US gold futures
firmed 0.1 to $2,902.50.
The dollar index hovered near a four-month low hit last week,
making bullion less expensive for overseas buyers, while benchmark
10-year US Treasury yields fell.
Investors now await US Consumer Price Index (CPI) data due tomorrow (Wednesday) to analyse the Fed’s interest rate stance.
Spot silver added 0.3% to $32.19 an ounce, platinum was steady
at $957.89 and palladium lost 0.3% to $940.47.— Ends/Khalid
