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Gold Slides Over 1% on Monday

Dubai: Gold slid over 1 percent on Monday, with spot gold dropping 1.5 percent to $4,059.11 an ounce by 0356 GMT. US gold futures for August delivery were down 1.1 percent at $4,067.10.

According to Emirates News Agency, the decline wasn’t limited t…

EU Launches $1 Billion Initiative to Support Gaza Recovery

Brussels: The European Commission today announced the launch of a joint initiative with 15 partners to provide £883.6 million, equivalent to around US$1 billion, in assistance to support recovery efforts in the Gaza Strip. The initiative, named Team G…

Gold Slides Over 1% on Monday

Dubai: Gold slid over 1 percent on Monday, with spot gold dropping 1.5 percent to $4,059.11 an ounce by 0356 GMT. US gold futures for August delivery were down 1.1 percent at $4,067.10.

According to Emirates News Agency, the decline wasn’t limited t…

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