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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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Mr. Mike English, Director, Superbrands Middle East
June 11th, 2015 - 07:56 GMT

Superbrands to recognise and honour top UAE brands at Annual Tribute Event

Al Bawaba
June 11th, 2015 - 06:44 GMT

US green light for proposed sale of military equipment to Lebanon

Al Bawaba
June 10th, 2015 - 01:55 GMT

GCC calls, texts, roaming rates reduced from April 2016

Al Bawaba
June 10th, 2015 - 11:17 GMT

Wired chocoholics? Coffee, chocolate sales tripled over decade in the Middle East

Capital Club
June 10th, 2015 - 10:11 GMT

Capital Club launches Traditional Ramadan Nights

H.E Moez Al Fahim, Charge d’Affaires, UAE Embassy in Japan with Ibrahim Aljanahi, Deputy CEO of Jafza and his team at the UAE Embassy in Tokyo.
June 10th, 2015 - 09:51 GMT

Jafza Roadshow in Japan positions Jebel Ali Free Zone as the Halal Industry hub

Ahmed Fahmy
June 10th, 2015 - 09:27 GMT

Make time for your family this Holy Month of Ramadan as OSN provides you ‘anytime, anywhere’ access to 12 brand-new Arabic shows and more

Al Bawaba
June 10th, 2015 - 04:00 GMT

Plundered artifacts are an organized source of revenue in Iraq, Syria: report

Al Bawaba
June 9th, 2015 - 09:08 GMT

Imdaad honoured by Jebel Ali Free Zone Authority during annual Majlis Jafza

Al Bawaba
June 8th, 2015 - 12:01 GMT

Proposal to finance maritime exports delayed as Lebanon risks losing markets

During the event
June 8th, 2015 - 11:33 GMT

Tamkeen launches "Be Productive" initiative to support micro-enterprises

During the event
June 8th, 2015 - 09:01 GMT

Biolab participates in the Medical Day of the National Orthodox School

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