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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
August 24th, 2015 - 04:21 GMT

MBRF to organise 2nd Knowledge Conference 2015 with education, information technology, research as key pillars

Qatar Exchange
August 24th, 2015 - 03:44 GMT

Save the date for media WFE annual meeting, Oct 20-21, Doha, Qatar

Al Bawaba
August 23rd, 2015 - 08:13 GMT

Huawei hosts UAE Youth Ambassador Program delegation at its global headquarters in China

Al Bawaba
August 23rd, 2015 - 07:59 GMT

Brocade expands OEM relationship with Lenovo

Al Bawaba
August 23rd, 2015 - 07:34 GMT

Turkey conflict troubles border trade with Iran

Al Bawaba
August 23rd, 2015 - 07:17 GMT

Dubai Culture hosts panel discussion of participating theatre groups in run-up to 9th Dubai Festival for Youth Theatre 2015

Al Bawaba
August 23rd, 2015 - 04:52 GMT

Qatar National Library to organise ‘Back To School’ event

Al Bawaba
August 23rd, 2015 - 03:44 GMT

Ali & Sons Audi wins Middle East Pole Position as Sales Team of the year 2014

Al Bawaba
August 20th, 2015 - 09:50 GMT

Lebanon’s new air cargo facility to closely inspect goods for health standards

Al Bawaba
August 20th, 2015 - 09:50 GMT

Lebanon consumer confidence still low

Dubai Gold & Commodities Exchange
August 20th, 2015 - 09:49 GMT

DGCX appoints Gaurang Desai as Chief Executive Officer

During the event
August 20th, 2015 - 05:06 GMT

Zain Bahrain hosts little warrior session by Kelly Armatage

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