EGP gains vs USD in early Thursday trade    China's Xinxing invests $150m in ductile iron pipe plant in Egypt    Israel escalates military campaign in Gaza amid deepening humanitarian catastrophe    Hisham Talaat Moustafa eyes Oman as promising real estate, tourism investment hub    GAFI, Invest Hong Kong discuss vision for Egypt as regional financial, business hub    Egypt's Foreign Minister stresses peace, security, economic ties at EU-AU Meeting    Pakistan leaders condemn deadly Balochistan school bus attack, accuse India of backing terrorists    Egypt, Italy's GKSD explore healthcare investment, medical education partnership    Bank Indonesia cuts interest rate to 5.5%    Arab-Islamic Committee backs Gaza ceasefire call, urges full aid access    Egypt, Belgium FMs discuss investment, Gaza aid    Egypt, France FMs discuss Gaza, EU aid, strategic ties    Egypt's El-Khatib showcases investment potential in Germany    Egypt explores healthcare cooperation with Malaysia, Morocco    Egypt unveils global rare disease initiative backed by 28 nations at WHO assembly    Egypt's Health Min. says Eastern Mediterranean nations committed to WHO goals    Egyptian PM orders action plan for Abu Qir's submerged antiquities to boost tourism    Egypt considers underwater museum to boost tourism revenue    Egypt's Culture Minister attends Pope Leo XIV's inauguration    Egypt wins Best Pavilion Design Award at Cannes Film Festival    Spain participates in EU Film Festival in Alexandria with Acclaimed screenings    Egypt's Health Minister urges unified 'One Health' strategy on World Veterinary Day    Flowers as a Form of Communication: Why It Still Matters to Give the Living    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Gold edges higher as investors await US inflation data
Nada Ali Published in Amwal Al Ghad on 13 - 05 - 2025

Gold prices increased on Tuesday as the dollar weakened and initial trade truce optimism faded, with investors awaiting US inflation data later in the day.
As of 12:30 PM GMT, spot gold rose 0.17 per cent to $3,240.57 per ounce, higher than its previous close of $3,235. Meanwhile, US gold futures increased 0.61 per cent to $3,247.79 per ounce, down from Monday's closing price of $3,228.
Attribution: Amwal Al Ghad English, Reuters
Subediting: Y.Yasser

Clic here to read the story from its source.