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Goods and Services

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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
September 28th, 2015 - 07:10 GMT

Drake & Scull Engineering secures AED 123 million contract to develop iconic beachfront retail zone in Dubai

Al Bawaba
September 28th, 2015 - 07:03 GMT

The Association of Queen Rania Al Abdullah Award for Excellence in Education Ambassadors launch “My School Backpack” initiative

During the meeting
September 27th, 2015 - 09:50 GMT

Emirates Green Development Council examines key achievements and progress of its national programs during second meeting

Sultan bin Sulayem
September 27th, 2015 - 09:29 GMT

Dubai Customs launches the international Authorized Economic Operator (AEO)

Jamal Majid Bin Thaniah
September 27th, 2015 - 09:20 GMT

Dubai Trade announces the 8th ESEA with new smart and innovation awards

Red Hat
September 27th, 2015 - 08:52 GMT

Red Hat Announces new openStack training and certification offerings

Al Bawaba
September 27th, 2015 - 08:34 GMT

eHosting DataFort becomes first company in the Middle East to achieve the CSA STAR Certification

Al Bawaba
September 27th, 2015 - 08:32 GMT

FGB launches new financing package for UAE start-ups

Al Bawaba
September 27th, 2015 - 06:17 GMT

Intertek expects significant growth in Building Enclosure Commissioning in the Gulf region by 2020

Al Bawaba
September 27th, 2015 - 05:39 GMT

Why are Jewish merchants flocking to Morocco?

Al Bawaba
September 27th, 2015 - 04:28 GMT

Ooredoo to tell everyone about the global goals in World’s Biggest Mobile Connection

Al Bawaba
September 23rd, 2015 - 09:00 GMT

Quest for healthy hajis: unfit goods confiscated

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