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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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Starbucks CEO Brian Niccol gets private jet to commute between home and office

Bitcoin jumps more than 5%, along with other cryptocurrencies, following Powell’s recent remarks
August 24th, 2024 - 06:49 GMT
Reema Tuqan

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Musk reveals list of X platform investors in court filing
August 23rd, 2024 - 07:00 GMT
Reema Tuqan

Musk reveals list of X platform investors in court filing

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Tether to launch UAE dirham pegged stablecoin

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