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Gold Slumps 6% as Interest Rates Rise
March 23rd, 2026 - 11:16 GMT

Gold Slumps 6% as Interest Rates Rise

Gold prices have come under significant pressure, falling 6% on Monday after a 10% decline last week, as shifting macroeconomic conditions weigh heavily on the precious metal. March is now shaping up to be one of the weakest months on record for gold, with prices down nearly 21% since the beginning of the month. Traditionally viewed as a safe-haven asset during periods of geopolitical uncertainty, gold is currently facing headwinds from rising inflation expectations and a rapidly evolving interest rate outlook. The escalation of conflict in the Middle East has ...
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Al Bawaba
October 13th, 2015 - 08:46 GMT

Lock and load! Jordan gets $3.84M package from the UK to fight Daesh

Al Bawaba
October 13th, 2015 - 05:48 GMT

EastNets showcases cutting-edge solutions at the Sibos 2015-Singapore

During the event
October 13th, 2015 - 05:34 GMT

Ministry of Environment and Water launches National Blue Carbon Project Report at Ecocity World Summit 2015

Harish Chib, Vice President Middle East & Africa, Sophos
October 13th, 2015 - 04:42 GMT

Sophos appoints Harish Chib as Vice President Middle East & Africa

Al Bawaba
October 12th, 2015 - 09:41 GMT

Hollywood celebrities unveil OSN’s exclusive line-up for 2016

Al Bawaba
October 12th, 2015 - 08:13 GMT

OECD publishes ‘Base Erosion Profit Shifting’ (BEPS) recommendations BEPS will have a broad impact on the region’s businesses, says PwC

An Aerial shot of The Pearl-Qatar captures the magnificence of This man-made Island
October 12th, 2015 - 06:43 GMT

UDC kicks off promising investment opportunities with open sale of plots at Giardino Villas Village, attractive discounts await early buyers

Al Bawaba
October 12th, 2015 - 04:30 GMT

Is Daesh exporting tahini to Canada?

Al Bawaba
October 11th, 2015 - 09:00 GMT

Dimension Data establishes A 2,000 employee strong Digital Practice

Al Bawaba
October 11th, 2015 - 08:50 GMT

Honeywell’s navigation, aircraft taxiing technologies help tackle climate challenges

Al Bawaba
October 11th, 2015 - 04:55 GMT

Ministry of Health cancels six-month credentialing period for licenses of doctors

During the event
October 8th, 2015 - 05:28 GMT

Al Muhaisnah Health Center hosts health awareness campaign for men

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