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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
August 6th, 2015 - 08:43 GMT

Suez Canal inauguration kickstarts new way to trade in Egypt

Manchester United is one of the most popular and successful sports teams in the world
August 6th, 2015 - 09:38 GMT

Adidas reveal the new Manchester United Home Kit

Al Bawaba
August 6th, 2015 - 06:49 GMT

Fast & Furious 7 & Cinderella lead season of outstanding movies this August only on OSN

Al Tamimi & Company
August 5th, 2015 - 06:38 GMT

Al Tamimi & Company picks up two awards at the world hrd congress in Mumbai

Omar Al Mesmar, General Manager of DIP
August 4th, 2015 - 11:22 GMT

DIP attracts 436 new companies in the first five months of 2015

Canon EF 50mm f/1.8 STM
August 4th, 2015 - 11:17 GMT

Canon launches the EF 50mm f/1.8 STM – for popping portraits and beautiful background blur

Al Bawaba
August 4th, 2015 - 10:13 GMT

GCC food industry investment surges to $23.7B: report

French and Lebanese Defense Ministers at the handover ceremony of the first batch of $3B French arms delivery, financed with a Saudi grant. (AFP/File)
August 4th, 2015 - 08:01 GMT

Lebanon: Visit by Italian minister sparks rumours of military equipment delivery

During the event
August 4th, 2015 - 07:09 GMT

Nestlé in Palestine Garners International Environmental, Health & Safety Certifications for its Warehouse and Offices Operations

Al Bawaba
August 4th, 2015 - 04:55 GMT

AWH surgeons successfully perform advanced hernia repair surgery

Dubai Gold and Commodities Exchange
August 3rd, 2015 - 08:47 GMT

DGCX Records 15% Growth in Daily Volumes and Highest Monthly Open Interest in July

During the event
August 3rd, 2015 - 07:47 GMT

Tamkeen supports bell racing helmets International Factory Project

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