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Gold hits near two-week low
31.08.2026

Gold hits near two-week low

WORLD CAPITALS, 31st August, 2026 (WAM) -- Gold extended declines on Monday, hitting its lowest in nearly two weeks after US Federal Reserve Chair Kevin Warsh signalled that interest rate hikes may be needed to contain inflation.Spot gold fell 0.8 percent to $4,417.04 per ounce by 0406 GMT, hitting its weakest level since 19th August. Prices dropped more than 3 percent on Friday.US gold futures declined ‌1.4 percent to $4,466.80.Among other metals, spot silver fell 0.4 percent to $66.10, platinum declined 1.3 percent to $1,797.03 and palladium slipped 2.5 percent to $1,386.96.

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Oil rises over 2%; Brent tops $90 pb
31.08.2026

Oil rises over 2%; Brent tops $90 pb

SINGAPORE, 31st August, 2026 (WAM) Oil prices rose more than 2% in early trading on Monday.Brent crude futures rose $2.22, or 2.52 %, to $90.32 a barrel, while US West Texas Intermediate (WTI) crude stood at $85.41 a barrel, up $2.01, or 2.41%.Oil prices remain supported by concerns over Middle East supply disruptions and uncertainty surrounding crude flows through the Strait of Hormuz.

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Major US stock indices close lower
29.08.2026

Major US stock indices close lower

NEW YORK, 29th August, 2026 (WAM) -- Major US stock indices closed lower at the end of Friday's trading session.The S&P 500 index fell by approximately 19.94 points, or 0.26%, to 7,711.05 points, while the Nasdaq Composite dropped 140.79 points, or 0.53%, to 26,400.56 points.The Dow Jones Industrial Average declined 11.06 points, or 0.02%, to 53,558.38 points.

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Gold slips as Fed chief Warsh's Jackson Hole speech looms
28.08.2026

Gold slips as Fed chief Warsh's Jackson Hole speech looms

World CAPITALS, 28th August, 2026 (WAM) -- Gold slipped on Friday as market participants awaited closely watched remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium.Spot gold fell 0.5 percent to US$4,576.30 per ounce by 01:57 GMT after hitting a more than three-month high earlier this week following the US Treasury's announcement of support measures for long-duration bonds. US gold futures eased 0.8 percent to $4,629.00.Spot silver ​fell 1 percent to $68.54 per ounce and palladium declined 0.8 percent to $1,339.84. Platinum was down 0.6 percent at $1,834.83, on track for ​a weekly loss.

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Dollar flat near one-week high
28.08.2026

Dollar flat near one-week high

HONG KONG, 28th August, 2026 (WAM) -- The US dollar held ​flat near a one-week high against major peers on Friday.The dollar index, which measures the currency against six major peers, was little changed at 99.13 in early Asian trade.The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a second ​straight monthly gain.The yen was little changed at 159.34 per dollar, ​but it was still headed for a 1.3 percent monthly rise.The Australian dollar was up nearly 0.1 percent to hit a three-month high of $0.72 as rate hike bets built up. The New Zealand dollar climbed 0.2 percent to $0.5960.The Canadian dollar held flat at $1.3844 ​and was heading for a second month of decline.In cryptocurrencies, bitcoin gained 0.5 percent to $80,620.33, on track for a nearly ​30 percent gain in August that would be its biggest monthly gain since late 2024.

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UAE intercepts Iranian drone over Al Mamzar, Dubai
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UAE Today News: Paid Parking, 10,539 Vehicles Seized, Indian Passport Centres, Gold & Riyal Rates
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