Day: May 27, 2025

Gold Prices Decline Due to Dollar Strengthening

Doha: Gold prices fell on Tuesday by more than one percent after the dollar strengthened, increasing pressure on safe-haven assets, following US President Donald Trump’s softened stance on trade with the European Union. Spot gold dropped 1.6 percent t…

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Gold Prices Steady as Dollar Weakens

Doha: Gold hovered close to a two-week high on Tuesday, supported by a weaker dollar. Spot gold was little changed at $3,339.99 an ounce, while US gold futures fell by 0.8% to $3,339.80.

According to Qatar News Agency, the dollar

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