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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
July 30th, 2015 - 10:50 GMT

Consumer prices in UAE to stay consistent despite fuel deregulation

Al Bawaba
July 30th, 2015 - 08:55 GMT

dmg events to launch two new shows to leverage booming coatings sector set to grow 45 per cent by 2018

Al Bawaba
July 29th, 2015 - 08:14 GMT

Lebanese exports to get a boost as it enters US duty-free market

Al Bawaba
July 29th, 2015 - 06:44 GMT

Consumers expected to spend big on sweets for Jordanian celebrations

Al Bawaba
July 29th, 2015 - 06:17 GMT

Aramex Boosts Profits in Second Quarter of 2015

Al Bawaba
July 28th, 2015 - 07:58 GMT

Charity initiative thanks Dubai’s labour workforce

Al Bawaba
July 28th, 2015 - 07:34 GMT

DP WORLD REPORTS 4.1% LIKE-FOR-LIKE GROSS VOLUME GROWTH IN H1 2015

Al Bawaba
July 27th, 2015 - 08:29 GMT

ADIDAS ORIGINALS BY PHARRELL WILLIAMS – SUPERSHELL – ARTWORK COLLECTION

Al Bawaba
July 27th, 2015 - 07:55 GMT

Swarovski opens first exclusive boutique in Muscat at Oman Avenues Mall

Al Bawaba
July 27th, 2015 - 07:39 GMT

Fashionable way to go back to school with Giordano

Al Bawaba
July 27th, 2015 - 05:28 GMT

Dubai Festival City Mall celebrates expansion progress with over 800 workers

Al Bawaba
July 26th, 2015 - 04:53 GMT

Barges temporarily banned from passing through Cairo after Nile boat collision

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