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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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Mubadala Health to Run Oracle Health Electronic Health Records on Oracle Cloud Infrastructure to Help Provide Better Care to its Communities
April 25th, 2023 - 10:07 GMT

Mubadala Health to Run Oracle Health Electronic Health Records on Oracle Cloud Infrastructure to Help Provide Better Care to its Communities

Al Masaood Automobiles joins Nissan Middle East in combating counterfeit spare products
April 25th, 2023 - 09:27 GMT

Al Masaood Automobiles joins Nissan Middle East in combating counterfeit spare products

Netflix reports $1.31B in profits and ends DVD rental service
April 25th, 2023 - 07:55 GMT

Netflix reports $1.31B in profits

China's haichang ocean park plans to invest over $4B in Saudi Arabia's First Ocean Park.
April 25th, 2023 - 07:09 GMT

China firm to invest $4B in Saudi ocean park

Dubai Customs: Goods clearance services continue 24/7, 365 days a year
April 25th, 2023 - 06:36 GMT

Dubai Customs: Goods clearance services continue 24/7, 365 days a year

Empower is 100% ready for the summer season
April 25th, 2023 - 03:39 GMT

Empower is 100% ready for the summer season

Berlin airport cancels departures under strike
April 24th, 2023 - 12:55 GMT

Berlin airport cancels departures under strike

Bed Bath & Beyond files for bankruptcy protection
April 23rd, 2023 - 11:09 GMT

Bed Bath & Beyond files for bankruptcy

Fine Hygienic Holding and Tkiyet Um Ali Celebrate Ramadan with a Special Campaign
April 19th, 2023 - 09:38 GMT

Fine Hygienic Holding and Tkiyet Um Ali Celebrate Ramadan with a Special Campaign

KIB marks Arab Orphan Day with Gergean celebrations
April 19th, 2023 - 09:10 GMT

KIB marks Arab Orphan Day with Gergean celebrations

Warner Bros. World Abu Dhabi celebrates 100th anniversary of Warner Bros.
April 19th, 2023 - 08:35 GMT

Warner Bros. World Abu Dhabi celebrates 100th anniversary of Warner Bros.

Gold prices decline as dollar gains strength and investors evaluate Fed's interest rate decision
April 19th, 2023 - 08:27 GMT

Gold prices decline as US dollar gains strength

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