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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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Omanisation rates for MOH nurses have climbed steadily since 1990
May 30th, 2019 - 11:31 GMT

Oman to Replace Expats with Nationals in 9 Occupations in the Health Sector

International donors had pledged $11 billion in loans and grants at the conference.
May 30th, 2019 - 11:30 GMT

After Getting the Government's Approval, Lebanon Budget Dispute Transferred to Parliament

The employee population in all Abu Dhabi-based banks stood at 11,871, with the average compensation per employee rising 5.7 percent to Dh43,411.
May 30th, 2019 - 11:00 GMT

Abu Dhabi Banks’ Interest Earnings Hit $2.1 Billion in Q1 2019

The volume of joint investments has yet to realise its potential
May 30th, 2019 - 11:00 GMT

Jordan Keen on Developing Economic Ties with Turkey

A significant majority (78 per cent) across the region are struggling to harness technological advancements and a lack of digitization is evident.
May 30th, 2019 - 10:52 GMT

73 Percent of Firms in the Middle East Aware of Financial Crimes

The event was launched under the patronage and in the presence of HRH Prince Al Hussein bin Abdullah II, Crown Prince of Jordan.
May 30th, 2019 - 10:41 GMT

UAE Launches ‘One Million Jordanian Coders’ Initiative in Jordan

Facebook deleted 783 “inauthentic” pages, groups and accounts tied to Iran
May 30th, 2019 - 10:30 GMT

Facebook Removes Iranian-Linked Accounts Due to ‘Inauthentic Behavior

The findings of the survey showed that Jordanian families’ daily spending on smoking amounts to JD1.5
May 30th, 2019 - 10:00 GMT

Consumers Spend over $1 Billion on Tobacco Products in Jordan

When governments permit counterfeiting or copying of American products, it is stealing our future, and it is no longer free trade
May 30th, 2019 - 09:30 GMT

US Trade Wars with Asian Countries Proves that History Repeats Itself

Moody's expects Bahraini banks' funding and liquidity conditions will remain healthy.
May 30th, 2019 - 08:30 GMT

Moody's Changes Bahrain's Banking System's Outlook to Stable

Both property prices and rentals have been consistently on the decline since mid-2014
May 30th, 2019 - 08:00 GMT

Cash-Based Transactions Dominate Dubai's Property Market

Some of Iran's oil exports are already under the radar, making it harder to assess the actual volume.
May 30th, 2019 - 07:30 GMT

Iran's Oil Exports Plummet to 400,000 bpd Due to US Sanctions

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