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Saudi Arabia saw record high net foreign investments, which rose 7.7 percent annually to $52.78 billion in 2023
Domestic institutional investors now hold around 0.89 percent of the company's shares
The banks on the Aramco offering will take institutional orders until Thursday and will set the price of the shares the following day
The company has set the price range between SAR26.70 and SAR29.00 per share
U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023
Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel
Brent oil futures for July delivery held steady at $83.61 per barrel
First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations
Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates
Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel
Strong dollar, possible interest rate hikes are major risks to gold prices
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Gold prices achieved a record high of $2,449.89 but have since lost over $100
Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel
Traders are currently pricing in a 73 percent chance of an interest rate cut in November
Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel
Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year
Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel
The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies
Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel
The dollar index maintained its downward trend, declining 0.03 percent on Monday
Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel
