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Gold hits near two-month high

June 17, 2025

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Gulf Today

Gold rose for a fourth straight session to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets.

Spot gold gained 0.3 per cent to $3,449.09 an ounce, as of 0246 GMT, after hitting its highest level since April 22 earlier in the session.

US gold futures advanced 0.3 per cent to $3,461.90.

المزيد من القصص من Gulf Today

Gulf Today

Gulf Today

Arteta adamant English title can inspire Arsenal to CL glory with win over PSG in final

Mikel Arteta is “fully convinced” Arsenal can be crowned champions of Europe for the first time this weekend after ending their 22-year wait for a Premier League title.

time to read

2 mins

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Gulf Today

Dutch under the radar in pursuit of long-awaited global title

Three-time runners-up the Netherlands head into another World Cup with reasons to be hopeful of a long-awaited first global title, but not among the favourites to lift the trophy.

time to read

1 mins

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Gulf Today

Gulf Today

Modi warns of dangers as heatwave grips India

Indian Prime Minister Narendra Modi warned of the dangers of “extreme heat” gripping the world’s most populous country on Wednesday, with troops battling forest fires and local authorities reporting deaths from heatstroke.

time to read

2 mins

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Gulf Today

From barefoot kid to millionaire, Caicedo keeps chasing trophies

Moises Caicedo lifted his first trophy, a golden plastic cup, among the tightly packed little houses of a working-class neighbourhood in Ecuador. This summer he is heading to his second World Cup.

time to read

2 mins

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Gulf Today

Canada’s big banks beat profit estimates despite Iran woes

Canadian banks BMO Financial, Bank of Nova Scotia and National Bank of Canada on Wednesday beat analysts estimates for quarterly profits, strengthened by domestic business and capital markets income, while signaling an optimistic outlook for the Canadian economy despite tensions in the Middle East.

time to read

2 mins

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Gulf Today

Violence erupts after ED raids homes of Vijayan

Tensions escalated after officers from the Enforcement Directorate (ED) raided the house of former Kerala Chief Minister Pinarayi Vijayan in the state capital on Wednesday.

time to read

1 mins

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Gulf Today

Gulf Today

President performs Eid prayer

UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan performed Eid Al-Adha prayer on Wednesday at Sheikh Zayed Grand Mosque in Abu Dhabi.

time to read

3 mins

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Gulf Today

Coach Scaloni optimistic on Messi recovery as WC looms

Argentina coach Lionel Scaloni said the initial news regarding superstar Lionel Messi’s fitness “is not that bad” and hopes further examinations will confirm that diagnosis with the World Cup just a fortnight away.

time to read

2 mins

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Gulf Today

Gulf Today

Stocks near record highs, oil falls as markets observe US-Iran talks

Wall Street stocks showed little conviction Wednesday, drifting along near record highs, while crude oil prices retreated as investors eyed possible progress in US-Iran peace negotiations.

time to read

3 mins

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Gulf Today

Gulf Today

S.Korea’s Son ‘feeling great’ for World Cup despite goal drought

Son Heung-min said he was “feeling great” ahead of the World Cup and backed himself to perform despite suggestions that South Korea's talismanic captain’s powers are on the wane.

time to read

1 mins

May 28, 2026

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