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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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Ghosn has denied all charges and vehemently maintained his innocence.
May 23rd, 2019 - 07:17 GMT

Ex-Nissan Chief Ghosn Attends First Pre-Trial Hearing

Prada's decision, to take effect with its women's Spring-Summer 2020 collection.
May 23rd, 2019 - 11:29 GMT

Prada's Collections to Be Fur-Free

DoC decided to issue a 90-day limited exemption on Huawei products, which means Huawei users can receive security updates from Google over this period.
May 23rd, 2019 - 11:02 GMT

Huawei Reassures Customers After Google Suspension of Services

Services like Bestmixer.io are paid to “launder” online currency such as Bitcoins for a commission.
May 23rd, 2019 - 10:39 GMT

Netherlands Bust One of the Biggest Cryptocurrency Launderers

Chinese Ambassador Chen Weiqing hosts iftar in Riyadh.
May 23rd, 2019 - 10:27 GMT

In the Midst of Its Trade War With US, China Strengthens Its Ties With Saudi Arabia

European carriers are expected to report a $7.4bn net profit in 2019.
May 23rd, 2019 - 10:16 GMT

How Brexit Is Affecting the Tourism, Aviation Industries in Europe

Now when users search for a product or service and Google displays an important advertisement, a highlighted ad label would show on top of the card alongside the web address.
May 23rd, 2019 - 09:40 GMT

Google Rolls out New Search Design for Mobile Users

Jeff Bezos.
May 23rd, 2019 - 09:20 GMT

Bezos Secures '.Amazon' Domain After 7 Years of Trying

U.K.'s EE, Vodafone and Japan's KDDI and Softbank Corp said they were pausing the launch of Huawei smartphones that can be used on next generation mobile networks.
May 23rd, 2019 - 07:43 GMT

UK, Japan Halt Launch of Huawei Phones After US Ban

The districts are built by the UAE’s Al-Futtaim Construction and are already landscaped with water and shading features.
May 23rd, 2019 - 06:30 GMT

Dubai Completes Construction of Expo 2020 Thematic Districts

Public administration workers Wednesday suspended their strike as Cabinet is set to meet for what is expected to be a final read-through of the 2019 draft state budget
May 22nd, 2019 - 10:09 GMT

After 2 Days of Strike Action, Public Administration Workers Resume Work

Developing economic relations and increasing exports to neighboring countries are on the ministry’s priority agenda this year. 
May 22nd, 2019 - 09:56 GMT

Iran Seeks Salvation Through Boosting Trade Ties With Neighbors

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