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 Gains as Markets Price in Further Rate CutsSingapore, 16 Dec 2025 (ONA) — Gold prices edged higher today, supported by expectations that the United States may cut interest rates next month. Spot gold rose about 0.1% to $4,304.92 per ounce, while US gold futures climbed to $4,333.20 per ounce. Gold has gained more than 64% so far this year, hitting multiple record highs and emerging as one of the best-performing assets in 2025. Among other precious metals, spot silver slipped 0.5% to $63.60 per ounce, while spot platinum rose 0.8% to $1,797 per ounce. Palladium fell 0.3% to $1,561.94 per ounce. The US Federal Reserve cut interest rates by 25 basis points last week in a split decision, but signaled a possible pause in further easing amid persistent inflation and uncertainty surrounding the labor market. Investors are now pricing in the possibility of another rate cut at the Fed’s next policy meeting.— Ends/Khalid
