Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
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
Gold Dips After Hitting Record HighSingapore, 4 Sep (ONA) — Gold slipped today due to profit-taking after bullion scaled an all-time peak on expectations for a US interest rate cut, while investors looked forward to key US jobs data due this week. Spot gold fell 0.8 percent to $3,530.69 per ounce. Bullion hit a record high of $3,578.50 on Wednesday. US gold futures for December delivery were down 1.3 per cent to $3,590.Spot silver fell by 0.8 percent to $40.82 per ounce, after reaching its highest level since September 2011 in the previous session. Platinum declined by 0.8 percent to $1,409.53, while palladium dropped by 1.6 percent to $1,129.82. —Ends/AG