inflation

IMF commends Saudi Arabia’s progress under Vision 2030: Report

The Fund highlighted resilient non-oil growth in the Kingdom, applauded record low unemployment

Saudi Arabia gold prices fall, global rates decline as U.S. economy growth slows in Q1, inflation data awaited

U.S. economy grew 1.3 percent in Q1 of 2024, significantly slower than 3.4 percent in Q4 of 2023

Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

Saudi Arabia gold prices dip, global rates decline on stronger dollar ahead of key economic data

First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations

Saudi Arabia gold prices decline, global rates dip as traders reduce rate cut expectations

Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates

Saudi Arabia’s non-oil sector projected to grow 4.8 percent in 2024, 5.2 percent in 2025: Report

The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said

Saudi Arabia gold prices decline, global rates dip as focus shifts to U.S. inflation data

Strong dollar, possible interest rate hikes are major risks to gold prices

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel

Saudi Arabia gold prices rise, global rates recover from 2-week low ahead of U.S. inflation data

Gold prices achieved a record high of $2,449.89 but have since lost over $100

Oil prices bounce back slightly as traders eye U.S. inflation report, upcoming OPEC+ meeting

Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel

Saudi Arabia gold prices dip, global rates down ahead of Fed meeting minutes

Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year

Saudi Arabia gold prices dip, global rates decline from record high on stronger dollar

The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies

Oil prices dip amid fears on U.S. inflation, higher interest rates dampening demand

Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel

Saudi Arabia gold prices rise, global rates hit record high of $2,440.49 on rate cut bets

The dollar index maintained its downward trend, declining 0.03 percent on Monday

Saudi Arabia gold prices rise, global rates on track for second weekly gain

Dollar index declined almost 0.6 percent this week, making gold more affordable for holders of other currencies

Saudi Arabia maintains steady inflation rate of 1.6 percent in April 2024

Inflation in April was driven by a 10.4 percent increase in rental prices, largely due to a 9.4 percent jump in villa rents

Saudi Arabia gold prices down, global rates rise on cooling U.S. inflation

U.S. consumer prices increased less than expected in April, which supported bullion

Oil prices rise amid weaker dollar, tighter supply expectations

Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel

Saudi Arabia gold prices rise, global rates down ahead of key U.S. inflation data

Decline in inflation indicators could bode well for the precious metal

Oil prices rise amid drop in U.S. inventories, inflation concerns

Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel

Saudi Arabia gold prices up, global rates rise ahead of U.S. inflation data

Stagflationary risks in the U.S. continue to support gold prices

Oil prices surge as China’s fiscal stimulus, Canadian wildfires threaten supply

Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel

Saudi Arabia gold prices down, global rates decline ahead of U.S. inflation data

U.S. employment data supported gold prices, which rose over 2 percent by the end of last week