Dear followers everywhere, welcome to a new global tour of the financial markets, businesses, companies, energy and minerals... and everything new for today, Saturday, June 29... coming to you from Banker.
Starting with the global gold market, which recorded an increase for the third quarter in a row..
The details said that gold prices recorded a slight weekly increase, despite the decline in Friday trading, after the release of data on the personal consumption expenditures price index in the United States, which was largely in line with expectations, which strengthened hopes for a reduction in US interest rates by September.
However, the yellow metal recorded an increase for the third quarter in a row.
During the past week, gold rose in spot transactions by 0.21 percent, to $2,326.75 per ounce.
Prices rose more than four percent during the current quarter.
The next news in our global tour about the artificial intelligence craze that led US stocks to huge rises in the first half of 2024.

The data added that Wall Street has gotten rid of recession fears in the United States and is no longer looking back, after paving a record-breaking path in the first half of 2024, supported by strong profits and enthusiasm for artificial intelligence.
Stocks finished slightly lower on Friday, ending the first week, month and half. But the gains since the beginning of the year tell a story of optimism, with analysts seeing more record numbers later in the year.
From the United States of America to Eastern Europe, where the Kosovo government announced that government institutions will be banned from using the famous social media application “Tik Tok,” citing security risks.
This step is the latest in a series of policies and threats targeting the application by governments around the world, due to fears that Chinese authorities could access personal data.
Returning to the United States, where an American billionaire donated $5.3 billion.
The news explained that the famous American billionaire Warren Buffett will donate another $5.3 billion worth of Berkshire Hathaway shares to the Bill & Melinda Gates Foundation and four charities managed by members of his family, which is his largest annual donation since he began making them in 2006.
This amount brings Buffett's total donations to charities to about $57 billion, including donations to his family's charities in November of the past two years.
The last news in our global tour of global oil markets, where prices rose by about 6 percent in a month
The performance of oil prices varied over the past week, with prices declining on Friday, affected by weak demand for fuel in the United States and the start of profit-taking operations at the end of the second quarter.
While May's headline inflation data raised hopes that the US Federal Reserve will start cutting interest rates this year.
Over the course of the week, Brent rose 0.02 percent while West Texas Intermediate crude futures fell 0.2 percent.#solana