Gold prices were steady today as investors looked to a key US jobs data to firm their bets on the size of the Federal Reserve's interest rate cut expected this month. Spot gold was last at $2,502.89 per ounce, while US gold futures inched up 0.3% to $2,535 per ounce. Spot gold fell 1% in the previous session after data showed that US consumer spending increased solidly in July, arguing against a half-percentage-point rate cut. Spot silver rose 0.2% to $28.89 per ounce, platinum was nearly steady at $926.80, and palladium was up 0.3% to $968.18 per ounce. Source: Oman News Agency
Related Articles
17 Palestinians Martyred, Homes Targeted in Israeli Airstrikes on Gaza
Gaza: At least 17 Palestinians were martyred, and others were injured at dawn today after the Israeli occupying forces bombed homes and camps of displaced people in Khan Younis, Al Bureij camp, Gaza City, Az Zawayda, and Deir Al Balah in the Gaza Stri…
Colonists break into Jerusalem’s Aqsa mosque
Israeli colonists stormed the courtyards of Al-Aqsa Mosque in occupied Jerusalem on Tuesday under the protection of the Israeli occupation police.
Eyewitnesses said that dozens of colonists stormed Al-Aqsa Mosque in groups, and some of them performe…
Canada announces $15 million in additional assistance for Lebanon and matching of donations to Canadian Red Cross and Humanitarian Coalition
The Honourable Ahmed Hussen, Minister of International Development, accompanied by members of parliament and humanitarian partners, announced that Canada will provide an additional $15 million in funding for humanitarian assistance to address urgent n…