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Economy

Gold extends gains on lower oil prices

  • 02/07/2026
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Gold prices extended gains on Thursday, benefiting from lower oil prices. Spot gold rose 0.8 percent to $4,063.56 per ounce, after rising to as much as $4,114.99 per ounce ‌on Wednesday, ⁠its highest ⁠level since 23rd June. US gold futures for August delivery inched 0.2 percent lower to $4,075.60. Spot silver rose 1 percent to $59.76 per ounce, platinum gained 0.4 percent to $1,583.05, and palladium added 1.1 percent to $1,223.80


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Gold extends gains on lower oil prices
Perk opens Middle East office in ADGM
Ma’an, PHRMAG partner to enhance oncology, rare disease care in Abu Dhabi
Ma’an, PHRMAG partner to enhance oncology, rare disease care in Abu Dhabi
Family Care Authority enhances children’s quality of life in Abu Dhabi
Gold prices hit seven-month low
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