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89% of Central Banks Expect Higher Gold Reserves as the Correction Masks a Record Shift in Global Demand
July 23rd, 2026 - 03:43 GMT

89% of Central Banks Expect Higher Gold Reserves as the Correction Masks a Record Shift in Global Demand

Gold has climbed back above the psychologically important US$4,000 level after briefly falling below it last week. While prices remain modestly lower year-to-date and around 25% below January's record high, the recent correction masks a significant shift in who is selling and who is buying, according to Nagham Hassan, Market Analyst at etoro. "The recent weakness in gold has been driven primarily by changing interest rate expectations rather than a deterioration in the long-term investment case," said Hassan. "Higher US real yields and a stronger dollar have weighed on prices ...
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While consumers strive to lead healthier lives, food manufacturers and retailers are important partners in supporting consumers in looking after their well-being. (File photo)
September 26th, 2016 - 11:30 GMT

Health and wellness now a top priority with Gulf shoppers: Nielsen

During the event
September 26th, 2016 - 11:10 GMT

Advanced innovation course yields 40 fresh ideas for improvement at Dubai Customs

WISE announces new cohort for 2016-2017 learners’ voice program
September 26th, 2016 - 10:58 GMT

WISE announces new cohort for 2016-2017 learners’ Voice Program

During the event
September 26th, 2016 - 10:34 GMT

Millennium Resort Mussanah launches inaugural Millennium Triathlon

Rotana Hotel Management Corporation
September 26th, 2016 - 10:28 GMT

ART Rotana kicks-off official breast cancer awareness drive

During the event
September 26th, 2016 - 09:32 GMT

du Ethical Hackathon: Encouraging the youth to be a part of the cyber security agenda

The Address Jumeirah Resort + Spa
September 26th, 2016 - 09:20 GMT

Emaar Hospitality Group unveils first iconic beachfront project in Dubai - The Address Jumeirah Resort + Spa

Deloitte
September 26th, 2016 - 09:06 GMT

Deloitte predicts further decline in residential sale prices in Dubai in 2016

HSBC
September 26th, 2016 - 08:37 GMT

Economic and political stability outweigh rising costs for UAE expats

Mohammad Bitar Chief Commercial Officer at National Bonds
September 26th, 2016 - 08:25 GMT

National Bonds unveils findings of financial health check for Q3 2016

During the event
September 26th, 2016 - 08:04 GMT

DAFZA visit to South Korea strengthens trade ties with business community

Ericsson
September 26th, 2016 - 07:37 GMT

Ericsson brings digital transformation and IOT in Utilities to light at Wetex 2016

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