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Gold Slumps 6% as Interest Rates Rise
March 23rd, 2026 - 11:16 GMT

Gold Slumps 6% as Interest Rates Rise

Gold prices have come under significant pressure, falling 6% on Monday after a 10% decline last week, as shifting macroeconomic conditions weigh heavily on the precious metal. March is now shaping up to be one of the weakest months on record for gold, with prices down nearly 21% since the beginning of the month. Traditionally viewed as a safe-haven asset during periods of geopolitical uncertainty, gold is currently facing headwinds from rising inflation expectations and a rapidly evolving interest rate outlook. The escalation of conflict in the Middle East has ...
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Obaid Humaid Al Tayer, Minister of State for Financial Affairs
April 1st, 2018 - 10:43 GMT

UAE participates in the 43rd Annual Meeting of the Islamic Development Bank Group

SIKKA Art Fair is the flagship event of Dubai Art Season and the largest contemporary artist-led fair in the region to commission new works from Emirati, UAE and GCC talents.
April 1st, 2018 - 10:37 GMT

Dubai Culture Concludes Successful 8th Edition of Sikka Art Fair

During the event
April 1st, 2018 - 10:31 GMT

DED-Ajman Organizes Partners Forum to Enhance Partner Relations

Abu Dhabi Motors is the first to offer this service, thus attracting many clients from all over the world to purchase cars and repair cars in its facility.
April 1st, 2018 - 10:23 GMT

Rolls Royce Motor Cars Abu Dhabi Offers Unmatched Service Package

Shopping at City Centre Muscat and City Centre Qurum is all about great moments ensuring shoppers the best prices when shopping for consumer goods, like groceries, clothes, household items and food.
April 1st, 2018 - 10:12 GMT

Oman Shoppers Save Big During Weekdays at City Centre Muscat and City Centre Qurum

Residents will benefit from the abundant attractions that make Yas Island the most exciting destination in Abu Dhabi.
April 1st, 2018 - 09:58 GMT

Aldar Awards Dh1.3 Billion Main Contract for Water’s Edge on Yas Island in Abu Dhabi

Fun-filled infotainment event seeks to spark interest in science.
April 1st, 2018 - 09:50 GMT

Kids Become Scientists for a Day at Dubai Science Park

Customers who test drive any Renault model will automatically qualify to take part in the singing competition for a chance to win one of three brand-new Renault Koleos SUVs.
April 1st, 2018 - 09:39 GMT

Renault Launches ‘Koleos Karaoke’: A Middle East-Wide Singing Competition to Celebrate Partnership With the Voice Arabia

Jamal Al Jassmi and Emilio Pera at the EIBFS campus in Dubai
April 1st, 2018 - 09:26 GMT

Emirates Institute for Banking and Financial Studies joins forces with KPMG

Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence
April 1st, 2018 - 09:13 GMT

Dubai Customs: Dh4.8 Billion Value of Dubai Trade in Hardware and Tools in 2017

Ziad Bin Mahfouz, CEO of Elaf Group
April 1st, 2018 - 09:07 GMT

Elaf Inaugurates New Call Center in Jeddah

Launch of the Endometrosis support group at Canadian Specialist Hospital.
April 1st, 2018 - 08:59 GMT

Canadian Specialist Hospital: 4 out of 10 Women Have Fertility Issues Due to Endometriosis

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