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Since the beginning of the year, Saudi Arabia's liquidity has grown 5.5 percent, rising by over SAR148.83 billion
Samsung Pay provides secure payments, letting users manage digital cards in the Samsung Wallet app
Hotel spending also increased, rising by 0.2 percent compared to the previous week to reach SAR270.2 million
International currency holdings amounted to SAR1.66 trillion, up 6 percent during this period
U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023
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
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
The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million
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
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
Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel
U.S. consumer prices increased less than expected in April, which supported bullion
