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BUSINESS

BUSINESS 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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electricity cost
May 8th, 2024 - 07:12 GMT

Saudi Arabia’s green energy shift could cut electricity cost by $30bn annually

Veeam Launches Kasten V7.0, Enabling Cyber Resilience and Enterprise-focused Innovation
May 8th, 2024 - 07:06 GMT

Veeam Launches Kasten V7.0, Enabling Cyber Resilience and Enterprise-focused Innovation

RAK Center for Outdoor Comfort (RAKCOC) explores innovative solutions for open spaces, including outdoor AC
May 8th, 2024 - 07:03 GMT

RAK Center for Outdoor Comfort (RAKCOC) explores innovative solutions for open spaces, including outdoor AC

gold prices
May 8th, 2024 - 07:03 GMT

Gold prices in Riyadh Today 8 May 2024

Amsa Hospitality and Radisson Hotel Group extend partnership with the signing of Radisson Hotel Madinah set to open this year
May 8th, 2024 - 07:00 GMT

Amsa Hospitality and Radisson Hotel Group extend partnership with the signing of Radisson Hotel Madinah set to open this year

Gold prices
May 8th, 2024 - 06:58 GMT

Gold prices in Doha Today Wednesday, May 8, 2024

Shannon McFarland, Vice President, Cisco DevNet
May 8th, 2024 - 06:57 GMT

CISCO Research, Developers Spending More Time Firefighting Issues Than Delivering Innovation

gold prices
May 8th, 2024 - 06:54 GMT

Gold prices in Jordan Today 8 May, Wednesday

Australia dollar
May 8th, 2024 - 06:52 GMT

Australia dollar undermined due to fading rate hike chances

Abu Dhabi University Boosts Awareness Through Two Educational Events Focused on Autism Spectrum Disorder
May 8th, 2024 - 06:51 GMT

Abu Dhabi University Boosts Awareness Through Two Educational Events Focused on Autism Spectrum Disorder

gold prices
May 8th, 2024 - 06:49 GMT

Gold prices in Dubai Today Wednesday, May 8, 2024

Hyundai Motor Shines at Beijing Auto Show, Paving the Way for Further Expansion in China
May 8th, 2024 - 06:44 GMT

Hyundai Motor Shines at Beijing Auto Show, Paving the Way for Further Expansion in China

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