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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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AEG partners with Microsoft and Crayon to revolutionize SWIFT infrastructure in MEA
May 1st, 2023 - 02:13 GMT

AEG partners with Microsoft and Crayon to revolutionize SWIFT infrastructure in MEA

South Korea's Exports to China Experience Largest YoY Decline Among Major Exporters
May 1st, 2023 - 09:35 GMT

South Korea's exports to China decline

Exxon and Chevron divided over what to do with record profits
May 1st, 2023 - 07:57 GMT

ExxonMobil, Chevron divided on record profits

Rare blue diamond to be auctioned by Sotheby's in Geneva
May 1st, 2023 - 07:39 GMT

Sotheby's auctions rare blue diamond in Geneva

GCC IPOs raise USD 3.5 billion in Q1 2023
May 1st, 2023 - 04:08 GMT

GCC IPOs raise USD 3.5 billion in Q1 2023

Dubai Customs' dedication to client happiness shines through monthly appreciation event
April 30th, 2023 - 09:29 GMT

Dubai Customs' dedication to client happiness shines through monthly appreciation event

Dubai Culture and Arts Authority introduces innovative ‘Mobtakir’ programme
April 30th, 2023 - 09:12 GMT

Dubai Culture and Arts Authority introduces innovative ‘Mobtakir’ programme

Arabian Travel Market 2023 opens at Dubai World Trade Centre tomorrow
April 30th, 2023 - 08:49 GMT

Arabian Travel Market 2023 opens at Dubai World Trade Centre tomorrow

126th Mahzooz draws crown 8th GUARANTEED weekly millionaire
April 30th, 2023 - 08:47 GMT

126th Mahzooz draws crown 8th GUARANTEED weekly millionaire

Jack Dorsey launches new social media app Bluesky
April 30th, 2023 - 07:57 GMT

Jack Dorsey launches new social media app Bluesky

Dubai International Chamber Concludes Trade Mission to London's Retail Technology Show
April 30th, 2023 - 07:38 GMT

Dubai International Chamber Concludes Trade Mission to London's Retail Technology Show

Borouge Achieves Dh5.1b Revenue in Q1 2023
April 30th, 2023 - 07:27 GMT

Borouge records Dh5.1b revenue in 1st quarter

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