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 to gold. Spot silver saw a decrease of 2.9 percent, settling at $58.14 per ounce. Additionally, platinum experienced a downturn of 1.8 percent, valued at $1,598.48, while palladium decreased by 2.3 percent to $1,247.27.
Manama: The General Command of the Bahrain Defence Force (BDF) announced that its air defence systems have successfully intercepted and destroyed several Iranian aerial attacks. These attacks, described as treacherous, occurred on Friday.
According …
Kuwait city: Kuwait’s Ministry of Electricity, Water and Renewable Energy announced that one of its power generation and water distillation plants was attacked due to Iranian aggression against Kuwait. The attack resulted in damage to the plant’s faci…
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