An earthquake measuring 5 magnitude on the Richter scale hit eastern Philippines on Monday. The Philippine Institute of Volcanology and Seismology reported that the earthquake occurred 31 km Southeast of the Municipality of Balangiga in eastern Philippines. There have been no reports of casualties or material damage due to the earthquake. The Philippines experiences high volcanic and seismic activity due to its location on the "Ring of Fire". Source: Qatar News Agency
Gold Prices Inch Up as Other Precious Metals Decline
Dubai:Gold prices edged higher on Wednesday, with spot gold increasing by 0.1 percent to reach US$3,931.24 per ounce by 0306