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With this expansion, the total number of countries eligible for the E-visa has increased to 66
Hotter-than-expected U.S. inflation data could potentially drive gold prices down
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel
Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September
Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel
Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
Powell's assurance that further rate hikes were off the table will help bullion
Surprise increase in U.S. crude inventories and prospects of a ceasefire in the Middle East add downward pressure on prices
Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12
U.S. crude production escalates to 13.15 million barrels per day in February
Gold lost 2.2 percent last week amidst easing tensions in the Middle East
Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices
Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters
Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
The agreements aim to promote private sector involvement in the country's economic growth
Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges
Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year
Brent futures rose by $2.63, reaching $89.74 per barrel
Gold maintains safe-haven appeal despite Federal Reserve's stance on rates
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Strong dollar and rising treasury yields impact gold's appeal
