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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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Gold prices in KSA Today Tuesday 16 May 2023
May 16th, 2023 - 06:10 GMT

Gold prices in KSA Today Tuesday 16 May 2023

Gold prices in UAE Today Tuesday 16 May 2023
May 16th, 2023 - 06:03 GMT

Gold prices in UAE Today Tuesday 16 May 2023

Forbes Middle East Reveals the Region’s Top Travel & Tourism Leaders
May 15th, 2023 - 04:55 GMT

Forbes Middle East Reveals the Region’s Top Travel & Tourism Leaders

AFC and Aspetar sign MoU to promote oral and dental health for Asian footballers
May 15th, 2023 - 04:15 GMT

AFC and Aspetar sign MoU to promote oral and dental health for Asian footballers

DIFC Records Promising Growth in Q1 2023 Welcoming International Powerhouses Apple, Baker McKenzie, JLL and Stryker to Dubai
May 15th, 2023 - 03:47 GMT

DIFC Records Promising Growth in Q1 2023 Welcoming International Powerhouses Apple, Baker McKenzie, JLL and Stryker to Dubai

There’s AI investing, and then there’s AI investing
May 15th, 2023 - 01:46 GMT

There’s AI investing, then there’s AI investing

Oil prices rise slightly after 4-week decline
May 15th, 2023 - 12:04 GMT

Oil prices rise slightly after 4-week decline

Turkish stocks fall as elections runoff approaches
May 15th, 2023 - 10:03 GMT

Turkish stocks fall as elections run-off approaches

Japanese wholesale prices rise, but at a slower rate than expected
May 15th, 2023 - 09:33 GMT

Japanese wholesale prices rise, slower than expected

Dubai International Chamber’s New Horizons Initiative Successfully Connects UAE and Uzbek Renewable Energy Companies
May 15th, 2023 - 09:20 GMT

Dubai International Chamber’s New Horizons Initiative Successfully Connects UAE and Uzbek Renewable Energy Companies

Gold up, dollar down, US debt crisis continues
May 15th, 2023 - 09:03 GMT

Gold up, dollar down, US debt crisis continues

DMCC announces representative office in Mumbai during trade roadshow to boost UAE-India relations
May 15th, 2023 - 08:53 GMT

DMCC announces representative office in Mumbai during trade roadshow to boost UAE-India relations

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