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Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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Taking effect on Wednesday, the policy covered content that dehumanises others based on their membership in an identifiable group, even when the material does not include a direct target.
July 11th, 2019 - 06:47 GMT

Twitter Upgrades Its Anti-Hatred Policy

With this expansion, Nielsen DAR clients in the UAE will have access to age and gender demographics for consumers viewing advertising on YouTube mobile app, as well as audience reach and frequency.
July 11th, 2019 - 06:46 GMT

Nielsen Includes UAE in Its YouTube Digital Ad Ratings' Expansion

One employee received Dh200,000 for psychological damages from a civil court last year.
July 11th, 2019 - 06:46 GMT

Expats Sue Offensive UAE Employers for Thousands of Dirhams in Psychological Damages

Dr. Ulrich Hackenberg, board member in charge of development of Volkswagen Group, introduces the new VW Beetle at the 2012 North American International Auto Show at the Cobo Center in Detroit, January 9, 2012.
July 10th, 2019 - 12:12 GMT

Volkswagen Ends Production of Iconic Beetle

Despite the growing global population, the United Nation predicts food production will outpace demand over the next 10 years, causing prices to fall.
July 10th, 2019 - 11:17 GMT

Global Food Prices to Drop Over the Next Decade Despite Increasing Demand

The apps found to be sleuthing users' phones for personal data were identified out of 88,000 analyzed by researchers and include popular photo-sharing platforms like Shutterfly.
July 10th, 2019 - 10:03 GMT

Over 1,000 Android Apps Continue to Track Personal Data Even After Denying Permission

The fourth iPhone is expected to feature an iPhone 8-like design and come without 5G connectivity or OLED panel.
July 10th, 2019 - 09:56 GMT

Apple to Launch Four iPhones in 2020

The Turkish-flagged drillship Fatih launched offshore drilling operations this May in an area 75 kilometers (42 nautical miles) off the western coast of the island of Cyprus.
July 10th, 2019 - 09:15 GMT

US Calls on Turkey to Halt Mediterranean Gas Exploration Activities

The sustained demand for office space has led to a spurt in project launches and completions over the past few quarters.
July 10th, 2019 - 09:14 GMT

Office Space Demand Surge in Egypt Due to Large-Scale Projects

Only a handful of European countries such as Ukraine, Serbia, Bosnia and Herzegovina, Armenia and Georgia offer visa on arrival to Bahrainis.
July 10th, 2019 - 09:13 GMT

Bahraini Nationals May Soon Travel to EU Countries Without Schengen Visa

According to the latest World Bank MENA Economic Update report, the foundations for a complete digital transformation in the GGC region already exist.
July 10th, 2019 - 09:11 GMT

5G's Impact on the Digital Economy in GCC

Saudi banks’ keenness to provide POS terminals for gas stations, other shops, and commercial and service establishments.
July 10th, 2019 - 08:07 GMT

Gas Stations to Provide E-Payment Service in Saudi Arabia

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