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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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Within 10 years, the plan aims to double Palestine's Gross Domestic Product (GPD) by calling for $27 billion dollars in projects in the West Bank and Gaza.
June 23rd, 2019 - 09:00 GMT

US Reveals Economic Section of Middle East Peace Plan

The Middle East sees its consumption grow by over 2% per year until 2024
June 23rd, 2019 - 08:30 GMT

The Consumption of Global Gas to Increase 1.6 Percent Annually

Germany is Iran’s biggest trading partner in the European Union.
June 23rd, 2019 - 08:00 GMT

German Companies Continue Trading with Iran Despite US Sanctions

Uber argues that these features are popular with drivers because they often put more money in their pockets.
June 23rd, 2019 - 07:30 GMT

Uber Tests out New Features in Drivers' App That Cater Their Needs

The smartphone when unfolded, measures in at 8-inches while the Galaxy Fold's display is 7.3-inches.
June 23rd, 2019 - 07:00 GMT

Huawei to Launch Foldable ‘Mate X’ in September

Trading volume increased by 90.1 percent to reach 225.1 million shares
June 23rd, 2019 - 06:30 GMT

Qatar Stock Exchange Gains Nearly QR13 Billion Amid Heavy Trading Volume

Khan believes that going forward, regulatory and transparency will play a very important in the development of this sector.
June 23rd, 2019 - 04:59 GMT

The Reasons Behind Cryptocurrencies' Uncertain Future

A number of agreements and memoranda of understandings (MoUs) were signed on the sidelines of the Jordan-Singapore Business Forum by private-sector representatives from the two sides.
June 22nd, 2019 - 03:00 GMT

Jordan, Singapore Ink New Agreements to Boost Economic Cooperation

Apple is asking customers to stop using affected 15-inch MacBook Pro units
June 22nd, 2019 - 12:00 GMT

Apple Recalls MacBook Pros Over Fire Risk

Facebook has clearly started a new chapter on digital currencies
June 22nd, 2019 - 08:00 GMT

Facebook Virtual Currency Confronts Real-World Resistance

The number of families visiting the UAE is expected to increase if the visa fee on children is waived.
June 22nd, 2019 - 06:00 GMT

Visa Waiver for Children Under 18 to Boost Tourism in UAE

There is no doubt that a severe disruption to the transit of oil through this vulnerable route would be extremely serious
June 22nd, 2019 - 05:00 GMT

Crude Prices Up Due to Fears of US Attack on Iran

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