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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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The IPO process was never fully suspended
July 3rd, 2019 - 07:30 GMT

Saudi Aramco IPO Set for 2020-21

The system warns an e-commerce practitioner from making ads containing false information.
July 3rd, 2019 - 07:00 GMT

Saudi Arabia to Issue New E-Commerce System

UAE economy is expected to pick up growth momentum by 2020
July 3rd, 2019 - 06:30 GMT

UAE's Non-Oil Sector Prospers in Q2 as Investor Confidence Grow

More than 26,000 construction projects exceeded Dh9.25 trillion last month.
July 3rd, 2019 - 06:00 GMT

UAE Construction Projects' Value Exceeds Dh3 Trillion in June

Expo 2020 is a World Expo to be hosted by Dubai in the United Arab Emirates, opening on October 20, 2020.
July 2nd, 2019 - 01:30 GMT

Iran to Attend EXPO 2020 Dubai

Unfortunately, oil is now being used as a tool to put pressure on Iran and other members such as Venezuela
July 2nd, 2019 - 01:00 GMT

Iran Exempted From OPEC Agreement Again

The country's total import of oil products also increased by 15.35% in April to 3.58 million tonnes compared to April 2018.
July 2nd, 2019 - 12:30 GMT

Turkey’s Crude Oil Imports Up by 60.94 Percent in April 2019

The slowdown in exports of chemicals is bound to hit South Korea’s smartphone market which is leader in the region.
July 2nd, 2019 - 12:00 GMT

New Trade War Starts Between Japan and South Korea

Turkey is one of the first countries to support China’s Belt and Road Initiative
July 2nd, 2019 - 11:30 GMT

Turkey Compliments Ties With China

Google Maps has a service called “Match”, which suggests restaurants based on your past dining experiences and tastes.
July 2nd, 2019 - 11:00 GMT

Pay Attention.. Google Is Tracking Your Every Move

The main challenge Jordan will face is to reduce its expenditures
July 2nd, 2019 - 10:30 GMT

Moody’s Expects Jordan’s Debt-to-GDP Ratio to Decline

Jordan’s real estate sector has been witnessing sharp decline in the last few years
July 2nd, 2019 - 10:00 GMT

Jordan: New Modern Real Estate Law Tackles Many Challenges Facing the Sector

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