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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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OPEC, Russia and other producers agreed to cut output by 1.2 million barrels per day
May 30th, 2019 - 07:00 GMT

Russia Mulls Extending Oil Output Reduction with OPEC

Super 98 petrol will cost Dh2.53 per litre, up from Dh2.48 a litre in May
May 30th, 2019 - 06:30 GMT

UAE to Raise Petrol Prices in June

Industry executives say that remittances grow around five per cent during Eid holidays.
May 30th, 2019 - 06:00 GMT

Remittances From UAE Increases 3 Percent in 2019

Total debts payable by the Libyan government to Jordanian hospitals amount to $220 million, as calculated before the end of 2018
May 29th, 2019 - 01:30 GMT

Libya Wires $110 Million to Jordan to Pay Its Debts to Hospitals

Today’s humanitarian aid model is fundamentally broken.
May 29th, 2019 - 01:00 GMT

Bitcoin: A Game Changer for Humanitarian Aid

Google said it is pleased to see that "mobile-first indexing" has come a long way.
May 29th, 2019 - 12:30 GMT

Google to Start Ranking Websites on Basis of "Mobile-First Indexing" Starting July 1

Tens of millions of HP computers worldwide will be protected by the software
May 29th, 2019 - 11:30 GMT

HP to Use Israeli AI-Based Software in Next-Generation Computers

Now the minimum will be 49 percent for all Qatari companies.
May 29th, 2019 - 11:00 GMT

Qatar Stock Exchange Increases 1.15 Percent

The country imported 3 bcm of natural gas via pipeline
May 29th, 2019 - 10:30 GMT

Turkey's Natural Gas Imports Plummet 9 Percent

The main risk for the Iranian economy is a further degradation of the macroeconomic situation.
May 29th, 2019 - 10:00 GMT

How the US Pressure Can Be an Opportunity for Iranian Economy

The trade volume between Turkey and Russia soared 15% to reach more than $25 billion in 2018
May 29th, 2019 - 09:30 GMT

Turkey-Russia Trade Volume Surges over $25 Billion in 2018

Chinese have recently left Iran but talks are under way with them over completion of phase 11 of South Pars.
May 29th, 2019 - 09:00 GMT

Iran Seeks an Excuse for China for Not Completing Its Role in South Pars Gas Field

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