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Money Matters

Money Matters latest

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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Saudi KHC acquires $400M in xAI
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Saudi KHC acquires $400M in xAI

Elon Musk’s AI startup xAI secures $6 Billion in funding
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Revenues of Telegram go above $1B in 2024

car production
December 23rd, 2024 - 12:12 GMT
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UK car production drops to 30.1%, worst November since 1980

Nissan and Honda to merge in 2025
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Syria: new fuel and gas prices under new administration
December 23rd, 2024 - 06:46 GMT
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Syria: new fuel and gas prices under new administration

Cocoa
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Cocoa prices see a new record of nearly $13K per ton

Did Mr. Beast really rent the Egyptian pyramids?
December 21st, 2024 - 06:41 GMT
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OpenAI fined $15.5M by Italy over ChatGPT
December 21st, 2024 - 05:37 GMT
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OpenAI fined $15.5M by Italy over ChatGPT

NEOM and Samsung C&T invest $350M in construction robots
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