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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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Every Wednesday, Kuzbara offers an Arabic Night themed buffet.
March 13th, 2018 - 08:23 GMT

Theme Nights at Marriott Downtown Abu Dhabi

Eddy Maroun Anghami Co-Founder , Simon Cooper, Head of Centrepoint
March 13th, 2018 - 08:06 GMT

Centrepoint, Anghami Partners to Launch New Talent Sessions in Saudi Arabia

The partnership will effectively split scope in order to allow for know-how transfer and help fulfil UAE local requirements content.
March 13th, 2018 - 07:39 GMT

ADSB to Partner With Add Military Supplies and Chantier Naval Couach

Abdulla Al Sahi CEO of Modon Properties lays first stone of the Show Village.
March 13th, 2018 - 07:33 GMT

Modon Properties Breaks Ground on Show Village in UAE

The Guest: Aleppo-Istanbul won the Best Feature Film awardand Best Editing award to Editor Ahmed Hafez.
March 13th, 2018 - 07:30 GMT

'The Guest: Aleppo-Istanbul' Wins Two Awards at the Silk Road International Film Festival

Hala Al Turk, John Park, CEO of Beyond Beauty
March 13th, 2018 - 07:20 GMT

Beyond Beauty Partners With Platinum Records to Position Hala Al Turk as the Face Behind Its New Cosmetic Brand

Jasim Husain Thabet, Tabreed’s CEO
March 13th, 2018 - 07:14 GMT

Tabreed Acquires 50 Percent of Reem Island District Cooling Plant From Aldar

The Xiaomi Redmi 5 is powered by octa-core Qualcomm Snapdragon processor and it comes with 2GB of RAM.
March 13th, 2018 - 07:00 GMT

Xiaomi Flash Sale Is Back on Souq.com for Saudi Arabia Customers

Hussein Abdel Rahman Rand, Assistant Undersecretary for Health Centers and Clinics
March 13th, 2018 - 07:00 GMT

UAE Ministry of Health Organizes ‘Empowerment & Education Diabetes Program’ Workshop

Gold jewellery represents the largest source of annual demand for gold per sector.
March 13th, 2018 - 06:49 GMT

Impact of Taxation on Gold Set to Be Hot Topic at Dubai Precious Metals Conference

Hessa bint Essa Buhumaid, Minister of Community Development
March 13th, 2018 - 06:30 GMT

UAE Ministry of Community Development Launches Initiatives and Events During UAE Month of Reading

The site is the final project implemented by the students of the press and strategic communication at the university.
March 13th, 2018 - 06:13 GMT

NU-Q Students Launch Website on Qatar’s Education System

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