Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively. Spot gold rose 0.14 percent to USD 2,446.83 per ounce, after falling 1 percent earlier in the session. US gold futures rose 0.8 percent to USD 2,488.50. Spot silver was down 0.4 percent at USD 28.43 per ounce, platinum fell 1.23 percent to USD 946.10 and palladium declined 0.9 percent to USD 882.09. Source: Qatar News Agency
POPULAR POSTS
QLM Profits Fall Back 22.48%
August 11, 2026
US Stock Indexes Open Mixed on Wall Street
August 11, 2026
QSE Index Opens Lower on Tuesday
August 11, 2026
QSE Index Opens Lower on Tuesday
August 11, 2026
S. Korea Exports Surge by 57.3% in Q2, Boosted by Semiconductors
August 11, 2026
Oman Crude Oil Price Goes Up by USD 8.13
August 11, 2026