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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 rates in Saudi Arabia Today 9 May 2023
May 10th, 2023 - 06:28 GMT

Gold rates in Saudi Arabia Today 9 May 2023

Gold rates in Qatar Today Wednesday 9 May 2023
May 10th, 2023 - 06:18 GMT

Gold rates in Qatar Today Wednesday 9 May 2023

Emirates Steel Arkan Profit Doubles Year-on-Year to AED 152.2 million in Q1 2023
May 10th, 2023 - 06:13 GMT

Emirates Steel Arkan Profit Doubles Year-on-Year to AED 152.2 million in Q1 2023

Gold rates in UAE Today Wednesday 10 May 2023
May 10th, 2023 - 06:13 GMT

Gold rates in UAE Today Wednesday 10 May 2023

Dubai Customs recognizes partners' contribution to successful Ramadan initiatives with appreciation ceremony
May 9th, 2023 - 10:57 GMT

Dubai Customs recognizes partners' contribution to successful Ramadan initiatives with appreciation ceremony

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

Chinese Automaker BYD Plans to Expand EV Production in Vietnam
May 9th, 2023 - 09:56 GMT

China's BYD to expand EV production in Vietnam

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability
May 9th, 2023 - 07:01 GMT

Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability

Doha Insurance Group's Net Profit Jumps 90% in Q1 2023
May 9th, 2023 - 06:16 GMT

Doha Insurance Group's profit up 90% in Q1 2023

Gold prices in KSA Today Tuesday
May 9th, 2023 - 06:06 GMT

Gold prices in KSA Today Tuesday 9 May 2023

Gold prices in Doha Today Tuesday Month Day Year
May 9th, 2023 - 06:00 GMT

Gold prices in Doha Today Tuesday 9 May 2023

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