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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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December 10th, 2015 - 11:00 GMT

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December 10th, 2015 - 09:00 GMT

Compensation claims against Arab Bank thrown out by US court

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December 10th, 2015 - 07:12 GMT

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December 9th, 2015 - 10:55 GMT

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BP expands offshore Egypt operations

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December 9th, 2015 - 10:09 GMT

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Oman oil prices dropped to $36.44 on Tuesday. (Al Bawaba/File)
December 9th, 2015 - 09:45 GMT

IMF offers Oman recommendations to handle falling oil prices

Al Bawaba
December 9th, 2015 - 01:37 GMT

With exemptions, GCC VAT should cause minimal economic distortion: Deloitte

Al Bawaba
December 9th, 2015 - 01:00 GMT

Egypt suspends gas talks but Israeli firms still pursuing deals

Al Bawaba
December 9th, 2015 - 12:00 GMT

Despite anti-refugee rhetoric in the US, experts note economic contribution from Syrian immigrants

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December 9th, 2015 - 11:10 GMT

Dubai's Landmark pulls Trump products off shelves

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