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Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Lenovo
May 27th, 2024 - 08:53 GMT

VAD Technologies and Lenovo Infrastructure Solutions Group Collaborate to Promote AI-Ready Infrastructure in the Middle East

Imdaad
May 27th, 2024 - 08:35 GMT

Imdaad Misr and Gates Developments Sign Integrated Facilities Management Agreement for Nine Real Estate Mega Projects

Burgan Bank
May 27th, 2024 - 08:16 GMT

Burgan Bank Offers Four Visa Cardholders a Chance to Win a Trip to the Paris 2024 Olympics

Dell
May 27th, 2024 - 07:46 GMT

Dell Technologies and Ericsson form strategic partnership to accelerate telecom network cloud transformation

Canon
May 27th, 2024 - 07:36 GMT

CANON HOSTS ITS FIRST "CELEBRATING YOU" EVENT IN UAE

جامعة محمد بن زايد للذكاء الاصطناعي
May 27th, 2024 - 07:19 GMT

Elizabeth Churchill joins MBZUAI to strengthen human-computer interaction research and talent in the UAE

Dubai Multi Commodities Centre Authority
May 27th, 2024 - 07:13 GMT

DMCC AND SIGNATURE DEVELOPERS ANNOUNCE W RESIDENCES IN THE THRIVING JLT DISTRICT

Al Habtoor Group
May 27th, 2024 - 06:54 GMT

Beat the Heat and Experience the Ultimate Suite Summer Staycation at Al Habtoor Polo Resort

Banyan Tree Hotels and Resorts
May 27th, 2024 - 06:39 GMT

A Journey of Reconnection Awaits: Banyan Tree Dubai Unveils its Exclusive Eid Staycation Offer for UAE and GCC Residents

National Central Cooling Company
May 27th, 2024 - 06:22 GMT

Tabreed Brings Street Art to Abu Dhabi’s Al Maryah Island with Breathtaking Mural

Ooredoo
May 27th, 2024 - 06:22 GMT

Ooredoo Kuwait receives honors from Nour Academy for Special Needs Services

Gold prices in Riyadh Today 27 May 2024. (Shutterstock)
May 27th, 2024 - 06:07 GMT

Gold prices in Riyadh Today 27 May 2024

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