22 Hrs
Source:
اليوم السابع
Qatar 24K gold drops to 503 riyals
Gold prices in Qatar declined on Thursday, influenced by a drop in global gold ounce prices amid caution ahead of the U.S. jobs report. Prices for various gold karats experienced declines, with 24-karat gold reaching approximately 503.57 Qatari riyals, and the ounce falling to around $4,302.93. The US dollar and U.S. Treasury yields continued to rise. Additionally, the increase in oil prices triggered by escalation in the Middle East has heightened inflation fears, fueling expectations of higher U.S. interest rates. Meanwhile, weak U.S. employment data could support gold prices, whereas strong data would put more pressure on the metal.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)