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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 3rd, 2015 - 10:22 GMT

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December 3rd, 2015 - 09:31 GMT

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Al Bawaba
December 3rd, 2015 - 08:57 GMT

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December 3rd, 2015 - 07:30 GMT

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Al Bawaba
December 3rd, 2015 - 06:14 GMT

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Al Bawaba
December 2nd, 2015 - 11:41 GMT

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The Central Bank of Egypt will hold an exceptional auction to help meet import needs. (Al Bawaba/File)
December 2nd, 2015 - 10:20 GMT

Central Bank of Egypt to add dollar liquidity

Al Bawaba
December 2nd, 2015 - 09:56 GMT

Infertile Saudi families spend billions on reproductive technologies

Al Bawaba
December 2nd, 2015 - 02:25 GMT

Qatar: FIFA construction forges ahead with $45B Lusail city development, megaprojects

Islamic Development Bank in KSA. (Shairco Interior Projects)
December 2nd, 2015 - 01:30 GMT

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Despite amendments to the labor laws in Qatar, Amnesty is dissatisfied with the pace of reform. (Twitter)
December 2nd, 2015 - 11:39 GMT

Amnesty International turns up the heat over 'insignificant' Qatari labor reforms

Al Bawaba
December 2nd, 2015 - 11:26 GMT

Egypt Central Bank repays $547.2M in arrears owed to foreign investors

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