Gold prices rallied to a record high on Thursday as Federal Reserve officials reiterated expectations of interest rate cuts in 2024.
Spot gold was steady at $2,299.28 per ounce as of 0343 GMT and hit a record high of $2,304.09 earlier in the session. Bullion has hit record highs in each session since last week's Thursday.
Spot silver fell 0.5 per cent to $27.08 per ounce, platinum edged down 0.1 per cent to $935.39 and palladium was up 0.4 per cent at $1.017.83.
UAE non-oil foreign trade marks 24% growth in H1: Sheikh Mohammed
UAE's non-oil foreign trade has achieved significant 24 per cent growth during the first half of 2025, announced His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Dubai International marks busiest half-year on record
Dubai International Airport (DXB) welcomed 46 million guests in the first six months of 2025, marking its busiest first half on record with a 2.3 per cent year-on-year growth.
Abu Dhabi invests AED 764.5 million in Oman tourism project
An Abu Dhabi investment project worth AED 764.5 million to strengthen tourism in Oman's Salalah has broken ground, with plans to construct a luxury resort and a marina, as the latter looks to diversify its economy.
UAE, South Korea companies sign deal to expand nuclear energy cooperation
The Emirates Nuclear Energy Company (ENEC) and South Korea-based Hyundai Engineering & Construction (Hyundai E&C) have signed an agreement to jointly explore international nuclear energy opportunities.
Russia's Aeroflot cancels flights after pro-Ukrainian hackers claim cyberattack
Russian national flag carrier Aeroflot was forced to cancel dozens of flights on Monday after a crippling cyberattack claimed by a pro-Ukrainian hacking group, which one lawmaker called a wake-up call for Moscow.
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