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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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Ramachandran Narayanan
September 13th, 2015 - 10:05 GMT

Global mergers and acquisitions appetite on the rise, but Middle East market still cautious

OSN scoops two awards at Gulf Business Awards 2015
September 13th, 2015 - 09:58 GMT

OSN scoops two awards at the Gulf Business Industry Awards 2015

Al Bawaba
September 13th, 2015 - 09:25 GMT

DuPont to speak on the vital role of alkylation and IsoTherming in cleaner fuels at MEPEC 2015

Khuloud Al Omian
September 13th, 2015 - 09:16 GMT

The most powerful women in the Arab world 2015 Forbes Middle East to reveal the top Arab businesswomen at an exclusive Dubai event

Al Bawaba
September 13th, 2015 - 09:09 GMT

Biolab concludes training workshop in cooperation with the Business Development Center (BDC)

UAE Ministry of Environment and Water
September 13th, 2015 - 08:52 GMT

Ministry of Environment and Water meet with delegates from Bahrain to discuss UAE’s environmental performance

Ford Mustang
September 13th, 2015 - 07:44 GMT

Ford Mustang world’s best-selling sports car in early 2015 production begins on right-hand-drive model

Jadwa
September 13th, 2015 - 06:25 GMT

Jadwa Investment completes global distribution agreement with Allfunds Bank

FINE
September 13th, 2015 - 05:00 GMT

FINE launches a health campaign during the stand storm that blankets Jordan

Dr. Moataz Bashah with some of the speakers and participants at the summit
September 13th, 2015 - 04:52 GMT

HMC hosts 2nd Qatar International Summit on Metabolic and Bariatric Surgery

UAE Ministry of Health
September 13th, 2015 - 04:51 GMT

UAE Ministry of Health launches ‘Hospitals and Health Clinics Assessment Program’

A prospective buyer inspects replica Lockheed Martin rockets at the 2013 DSEI arms fair in London. (Creative Commons)
September 11th, 2015 - 02:27 GMT

Big guns out: Egypt, Saudi Arabia, UAE shop at London's arms fair

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