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Gold Prices Decline Amid Inflation Concerns Linked to Middle East Tensions
17 Mar. 07:18Gold prices moved downward at the start of the week, reflecting investor concerns about rising inflation driven by ongoing instability in the Middle East. This was reported by Interfax.
Trading data shows that on the COMEX exchange in New York, April gold futures dropped by roughly 1.3% as of 13:28 Moscow time. The price reached approximately $4,995 per troy ounce.
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Specialists at the International Science and Technology Park of the Academy of Sciences of Turkmenistan, led by Durdymyrat Gadamov and Altyn Rahmanova, have developed a new-generation bio-agent designed to neutralize soil methane emissions. The solution utilizes local bacteria adapted to the regional climate, which harness methane monooxygenase to convert methane into carbon dioxide and water.
Methane is a major contributor to global warming, with a heat-trapping capacity in the atmosphere significantly higher than that of carbon dioxide. The newly developed bio-agent features high efficiency in industrially congested areas, cost-effectiveness through the use of local raw materials, and complete safety for human health and the environment.
This scientific breakthrough aligns with Turkmenistan's sustainable development strategy, supporting its commitments under the Global Methane Pledge to enhance environmental oversight in the energy sector.
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