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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 UAE Today Tuesday 9 May 2023
May 9th, 2023 - 05:43 GMT

Gold prices in UAE Today Tuesday 9 May 2023

Investing in Cryptocurrency with Your Smartphone
May 8th, 2023 - 11:05 GMT

Investing in cryptocurrency with your smartphone

Investing in Stocks with Your Smartphone
May 8th, 2023 - 09:55 GMT

Investing in stocks with your smartphone

SHUAA Capital appoints Wafik Ben Mansour as Head of Investment Banking
May 8th, 2023 - 07:59 GMT

SHUAA Capital appoints Wafik Ben Mansour as Head of Investment Banking

Emirates Cricket Board (ECB) announces formation of Regional Councils in Ras Al-Khaimah, Umm Al Quwain and Fujairah
May 8th, 2023 - 07:45 GMT

Emirates Cricket Board (ECB) announces formation of Regional Councils in Ras Al-Khaimah, Umm Al Quwain and Fujairah

Get Ready for the Bayt Open Day 2023: The Ultimate Virtual Event for Job Seekers and Employers
May 8th, 2023 - 06:54 GMT

Get Ready for the Bayt Open Day 2023: The Ultimate Virtual Event for Job Seekers and Employers

127th Mahzooz draws crown 9th GUARANTEED weekly millionaire
May 7th, 2023 - 08:51 GMT

127th Mahzooz draws crown 9th GUARANTEED weekly millionaire

Ducab Group announces 380% growth in the volume of utilities solutions supplied between 2021 and Q1 2023
May 7th, 2023 - 08:41 GMT

Ducab Group announces 380% growth in the volume of utilities solutions supplied between 2021 and Q1 2023

Unpacking A European Parliament Scandal: A Belgian Judge Charade?
May 7th, 2023 - 08:30 GMT

Unpacking A European Parliament Scandal: A Belgian Judge Charade?

Sharjah Media City Participates in Annual Investment Meeting 2023
May 7th, 2023 - 08:22 GMT

Sharjah Media City Participates in Annual Investment Meeting 2023

Qatar insurance recovers with profits of QR175m
May 7th, 2023 - 06:48 GMT

Qatar insurance recovers with profits of QR175m

Dubai Customs Showcases Innovation Prowess to Imdaad Group Delegation
May 7th, 2023 - 06:27 GMT

Dubai Customs Showcases Innovation Prowess to Imdaad Group Delegation

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