INSEAD Day 4 - 728x90

Business

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

Gold holds near two-week high on tempered Fed rate hike expectations

By TRENDS Desk
July 6, 2026 10:19 am
  • Spot gold was steady at $4,174.66 per ounce, as of 02:52 GMT, after hitting its highest since 22nd June 22 earlier in the day.
  • US gold futures for August delivery climbed 1.5 percent to $4,186.70 per ounce.

Dubai, UAE — Gold was steady near a two-week high on Monday after a ‌softer-than-expected US jobs report last week tempered expectations of interest rate hikes from the Federal Reserve.

Spot gold was steady at $4,174.66 per ounce, as of 02:52 GMT, after hitting its highest since 22nd June 22 earlier in the day.

US gold futures for August delivery climbed 1.5 percent to $4,186.70 per ounce.

Among other metals, spot ⁠silver fell 0.6 percent to $62.03 per ounce after hitting its highest since 23rd June earlier. Platinum lost 0.1 percent to $1,636.60 per ounce and palladium was down 0.2 percent at $1,271.75 per ounce. (WAM)

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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