101 Days
الاقتصادية
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الاقتصادية

2026-07-28T09:03:51.249Z

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UAE 24K gold dips to 477

الاقتصاديةالاقتصاديةالاقتصادية
9 Hrs2026-11-06T09:59:00.000Z
UAE 24K gold dips to 477

MODON Closes Record Deal

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9 Hrs2026-11-06T09:42:00.000Z
MODON Closes Record Deal

Margin Calls Spur Selloff

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20 Hrs2026-11-05T23:08:00.000Z
Margin Calls Spur Selloff

NBE lifts yield to 18.85%

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21 Hrs2026-11-05T22:26:00.000Z
NBE lifts yield to 18.85%

Ether Leads Crypto Drop

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23 Hrs2026-11-05T19:58:00.000Z
Ether Leads Crypto Drop
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Gold dips before uncertain rate decision

Gold dips before uncertain rate decision

Gold prices declined today, Tuesday, by approximately 1%, approaching $4,050 an ounce. This decline is due to expectations of an upcoming decision by the Federal Reserve to raise interest rates, as market swaps indicate a 40% chance of a quarter-point hike. The metal has been under pressure since the start of the war five months ago, due to rising energy prices and inflation, despite holding steady near the key support level of $4,000 an ounce since late June. Expectations remain high for a rate hike, and the prospects for gold's recovery are diminishing amid ongoing inflation concerns and Middle East tensions.

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