Home Economy

Category: Economy

Post
UAE, Gulf investors cautious

UAE, Gulf investors cautious

The DFM and ADX indices dropped in early trading in reaction to the latest Middle East crisis that unfolded over the weekend.

The DFM is down by over 1 per cent, while ADX is lower by nearly 0.6 per cent in the first 15 minutes of the market opening after the extended Eid break.

Post
Gold holds steady on Thursday

Gold holds steady on Thursday

Gold prices steadied on Thursday, with spot gold up 0.1% to $2,195.59 per ounce, as of 0503 GMT, Reuters said. Also, US gold futures edged 0.2% higher to $2,195.10. Spot silver was steady at $24.68 per ounce, platinum rose 0.7% to $899.75 and palladium climbed 1.4% to $997.41. WAM