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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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July 16th, 2015 - 09:31 GMT

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Al Bawaba
July 15th, 2015 - 08:00 GMT

CFA Institute Announces Winners of First Middle East Financial Journalism Awards

Al Bawaba
July 15th, 2015 - 07:31 GMT

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Al Bawaba
July 15th, 2015 - 07:01 GMT

Al Bustan Centre & Residence gears up for third season of DSMG’s Promotion

Misr Orayba
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entourage powers Egypt Tourism success with ‘Misr Orayba’

Al Bawaba
July 13th, 2015 - 10:13 GMT

HMC announces first set of figures from Organ Donation Campaign

Al Bawaba
July 13th, 2015 - 10:00 GMT

Biolab participates in Children Museum Jordan's Summer Camp

Bridgestone
July 13th, 2015 - 07:45 GMT

Tread safely this summer! Bridgestone stresses the importance of properly maintained tyres to ensure safety

Al Bawaba
July 12th, 2015 - 12:34 GMT

A yen for the Emirates: China is Dubai's top trading partner

Anish Kanaran, Channel Director for Epicor in the Middle East, India and Africa
July 12th, 2015 - 08:12 GMT

Abu Qafrh Holding Company selects Epicor iScala ERP to enhance productivity and increase efficiency

Al Bawaba
July 12th, 2015 - 07:14 GMT

Dubai Investments appoints Mohammed Al Raqbani as General Manager of its industrial arm

During the opening ceremony
July 9th, 2015 - 04:53 GMT

DHL opens new retail Service Point at City Centre Mall in Doha

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