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 Nears $5,600, Silver Continues its Rise as Investors Seek SafetySingapore, 29 Jan (ONA) – Spot gold extended its record-breaking rally today, edging closer to the $5,600-per-ounce level as investors sought safety amid geopolitical and economic strains, while silver came within a whisker of breaching the $120 mark. Spot gold was up 2.1% at $5,511.79 an ounce, after hitting a record $5,591.61 earlier in the day. Prices jumped past the $5,000 mark for the first time on Monday and have gained more than 10% so far this week, driven by a strong safe-haven demand, and a weaker dollar. Spot silver was up 1.3% at $118.061 an ounce after hitting a record high of $119.34 earlier. Spot platinum rose 0.5% to $2,710.20 an ounce, after hitting a record high of $2,918.80 on Monday, while palladium fell 1.3% to $2,048.14. —Ends/AG
