Gold prices were little changed on Tuesday, but remained above the USD 2,500 per ounce level amid investor optimism about an imminent US interest rate cut. Spot gold was steady at USD 2,515.51 an ounce, rising over 21 percent this year to a record high of USD 2,531.60 on Aug. 20, 2024. US gold futures fell 0.2 percent to $2,551. Among other precious metals, spot silver rose 0.6 percent to USD 30.07 an ounce, platinum fell 0.2 percent to USD 960.10, and palladium rose 0.8 percent to USD 965.91. ( Source: Qatar News Agency
EDGE Successfully Completes First Dynamic Test of UAE-Designed 155mm Artillery Ammunition
Abu Dhabi:EDGE Group’s ammunition manufacturer, LAHAB, has completed the first dynamic test firing of its 155mm Extended Range Full Bore