Listen to article Gold prices remained near record highs on Friday, poised for a monthly gain amid US rate-cut expectations and geopolitical uncertainty. Spot gold was up 0.1% at $2,523.59 per ounce, close to the August 20 peak of $2,531.60. It has risen over 3% this month. US gold futures slipped 0.1% to $2,556.70. In the Middle East, ceasefire … Read more
Gold prices hit an all-time high on August 16, 2024, propelled by a weaker US dollar and expectations of a potential interest-rate cut by the Federal Reserve. The metal’s appeal was further amplified by ongoing geopolitical tensions, particularly in the Middle East, which heightened demand for safe-haven assets. Spot gold increased by 1.7% to $2,498.72 … Read more
PM Shehbaz Sharif speaks during Ulema, Mashaikh Conference in Islamabad on August 8, 2024. — Screengrab via Geo News PM says he has consulted with Bilawal Bhutto, President Zardari. Efforts are being made to bring relief to masses, he notes. Premier hopes upcoming IMF programme to be country’s last. ISLAMABAD: Prime Minister Shehbaz Sharif said … Read more