 
                                    Gold prices rose to a record high on Monday, as a softer US inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June.
Spot gold was up 1.2 per cent at $2,256,69 per ounce, as of 12.45 UAE time, after hitting an all-time high of $2,265.49 earlier in the session. US gold futures gained 1.8% to $2,279.10.
Spot silver rose 1.34% to $25.25 per ounce, platinum was up 0.53% at $916.08 and palladium climbed 0.7% to $1,021.77.
 
                                 
                                        
 ADNOC Distribution reports $579 million net profit in first 9 months
            ADNOC Distribution reports $579 million net profit in first 9 months
         TECOM Group’s 9-month shows 20% revenue growth
            TECOM Group’s 9-month shows 20% revenue growth
         DFM reports 212% increase in net profit before tax to AED930.8 million
            DFM reports 212% increase in net profit before tax to AED930.8 million 
         DMCC unveils plans for new financial centre
            DMCC unveils plans for new financial centre
         UAE cuts key interest rate by 25 basis points
            UAE cuts key interest rate by 25 basis points
         
                             
                             
                             
                                    