In the previous session, bullion touched its lowest point in more than two months.
US gold futures for August delivery were down 0.1 percent at $4,358.80.
Spot silver fell 0.5 percent to $67.85 per ounce, platinum lost 0.1 percent to $1,752.45, while palladium rose 1 percent to $1,216.42.
Discover more from ADM | Abu Dhabi Magazine
Subscribe to get the latest posts sent to your email.
Related Post
FTA to expand scope of expenses eligible for VAT refunds for UAE nationals constructing new
The Federal Tax Authority (FTA) has launched a new initiative to expand the scope of expenses eligible for VAT refunds for UAE nationals constructing new residences, allowing citizens to claim refunds on an additional range of construction costs. This move aligns with the UAE leadership’s directives, coinciding with the Year of Family and supporting family […]
9 Jun 2026 - 9:50 AM
Hub71 startups surpass $2.7 billion in funding
Hub71, Abu Dhabi’s global tech ecosystem, announced that startups in its community have raised more than $2.7 billion (AED9.9 billion) in funding and generated $1.5 billion (AED5.4 billion) in revenue by the end of 2025, marking a new milestone in Abu Dhabi’s emergence as a leading destination for high-growth technology companies. The figures, published in […]
8 Jun 2026 - 4:32 PM
EU approves stricter measures to protect steel market
The European Council today adopted a regulation establishing a new framework to protect the EU steel market from the negative trade-related effects of global overcapacity, as outlined in the Steel and Metals Action Plan of 2025. The new rules will replace the current EU steel safeguard measure, which expires on 30th June 2026, ensuring continued […]
8 Jun 2026 - 3:38 PM
Jafza expands automotive ecosystem with new Hellmann-INDU logistics hub
Hellmann Worldwide Logistics and INDU Group have broken ground on a new automotive logistics hub in Jafza, reinforcing the free zone’s role as a key gateway for regional and global trade. The facility will support faster, more efficient spare parts distribution across the GCC, Africa and beyond, as demand for resilient automotive supply chains continues […]
8 Jun 2026 - 12:37 PM