Gold prices rose to a record high on Monday, as a softer US inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June.
Spot gold was up 1.2 per cent at $2,256,69 per ounce, as of 12.45 UAE time, after hitting an all-time high of $2,265.49 earlier in the session. US gold futures gained 1.8% to $2,279.10.
Spot silver rose 1.34% to $25.25 per ounce, platinum was up 0.53% at $916.08 and palladium climbed 0.7% to $1,021.77.
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Emirates has officially launched crypto.com pay to allow passengers to book their flights using cryptocurrency.
DIFC registers over 10,000 active companies for first time
The Dubai International Financial Centre (DIFC) has surpassed 10,000 active registered companies for the first time in its history in a record-breaking first half of 2026.
DEWA International explores partnerships with several Greek companies
Dubai Electricity and Water Authority (DEWA) International have held high-level talks with several Greek companies as part of plans to expand their global outreach.
UAE to get 100 Primary Care facilities by 2030
Aster Clinics UAE has announced plans to expand its network from 85 to over 100 facilities across the UAE by 2030, with a commitment to invest AED 100 million and increase staff strength to 4,100 across the country.
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