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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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Al Masaood Automobiles Offers Exclusive Promotion on Nissan Patrol This Eid
April 19th, 2023 - 07:13 GMT

Al Masaood Automobiles Offers Exclusive Promotion on Nissan Patrol This Eid

Sport Club Internacional (Brazil) and Aspetar, a leading sports medicine hospital pact a partnership
April 19th, 2023 - 06:39 GMT

Sport Club Internacional (Brazil) and Aspetar, a leading sports medicine hospital pact a partnership

PepsiCo Africa, Middle East and South Asia’s ‘Filing Hearts Outside the Box’ program pledges over 3 million meals this Ramadan
April 19th, 2023 - 05:53 GMT

PepsiCo Africa, Middle East and South Asia’s ‘Filing Hearts Outside the Box’ program pledges over 3 million meals this Ramadan

Continental Once Again Awarded Top Marks for Efforts to Improve Supply Chain Sustainability
April 18th, 2023 - 09:47 GMT

Continental Once Again Awarded Top Marks for Efforts to Improve Supply Chain Sustainability

China's Economy Grows 4.5% in Q1 2023, Beating Expectations
April 18th, 2023 - 08:23 GMT

China's economy grows 4.5%, beating expectations

Gold prices rise as dollar weakens
April 18th, 2023 - 08:16 GMT

Gold prices rise as dollar weakens

McDonald's USA upgrades its signature burgers
April 18th, 2023 - 07:02 GMT

McDonald's USA upgrades its signature burgers

At a value of AED 102 million, Empower upgrades its “JBR” district cooling plant
April 17th, 2023 - 08:20 GMT

At a value of AED 102 million, Empower upgrades its “JBR” district cooling plant

G42 and Mubadala Announce the Launch of M42
April 17th, 2023 - 07:51 GMT

G42 and Mubadala Announce the Launch of M42

Dubai Customs: Foreign trade sector on track to achieve D33 with 7 million transactions in 3 months
April 17th, 2023 - 07:09 GMT

Dubai Customs: Foreign trade sector on track to achieve D33 with 7 million transactions in 3 months

Mahzooz crowns another multi-millionaire! Top prize of AED 20,000,000 won at the 124th draw
April 17th, 2023 - 06:01 GMT

Mahzooz crowns another multi-millionaire! Top prize of AED 20,000,000 won at the 124th draw

Al Futtaim Education Foundation partners with Jabal Amman Publishers to launch Arabic Graded Readers Programme, set to transform Arabic literacy
April 16th, 2023 - 07:33 GMT

Al Futtaim Education Foundation partners with Jabal Amman Publishers to launch Arabic Graded Readers Programme, set to transform Arabic literacy

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