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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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CNN to air special live coverage of the coronation of king charles iii
April 28th, 2023 - 11:53 GMT

CNN to air special live coverage of the coronation of king charles iii

Sharjah Media City (Shams) launches new ‘Discounts Programme’ for its licensed companies
April 28th, 2023 - 10:48 GMT

Sharjah Media City (Shams) launches new ‘Discounts Programme’ for its licensed companies

71% of Manufacturers in the MEA Region are Pursuing a Digital-First Approach to Business
April 27th, 2023 - 10:47 GMT

71% of Manufacturers in the MEA Region are Pursuing a Digital-First Approach to Business

Federal Tax Authority begins accepting requests for refunding input tax incurred on operating mosques as per their operation start date
April 27th, 2023 - 09:56 GMT

Federal Tax Authority begins accepting requests for refunding input tax incurred on operating mosques as per their operation start date

Deloitte announce Technology FAST 50 rankings
April 27th, 2023 - 09:50 GMT

Deloitte announce Technology FAST 50 rankings

ACCIONA partners with ørsted  to develop offshore construction solutions
April 27th, 2023 - 06:46 GMT

ACCIONA partners with ørsted to develop offshore construction solutions

Dubai Customs Celebrates World Intellectual Property Day with Focus on Women's Role in Innovation and Creativity
April 26th, 2023 - 10:28 GMT

Dubai Customs Celebrates World Intellectual Property Day with Focus on Women's Role in Innovation and Creativity

Rafid records 953 minor traffic accidents during Eid al-Fitr
April 26th, 2023 - 09:37 GMT

Rafid records 953 minor traffic accidents during Eid al-Fitr

DAMAC Adds the Magic of Mykonos to the DAMAC Lagoons Community
April 26th, 2023 - 08:32 GMT

DAMAC Adds the Magic of Mykonos to the DAMAC Lagoons Community

Kempinski Floating Palace Hotel to open in Dubai in 2025
April 26th, 2023 - 07:38 GMT

UAE launches its first floating hotel in 2025

Nestlé reports three-month sales for 2023
April 26th, 2023 - 07:31 GMT

Nestlé reports three-month sales for 2023

DMCC hosts over 200 chinese business leaders in dedicated china business day in dubai to support usd 200 billion by 2030 china-uae bilateral trade growth
April 25th, 2023 - 10:55 GMT

DMCC hosts over 200 chinese business leaders in dedicated china business day in dubai to support usd 200 billion by 2030 china-uae bilateral trade growth

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