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- Aldar first half net profit after tax rises 24% to $1.11bn
- Adnoc Drilling's H1 revenue surges 30% to $2.37b
- US Federal Reserve maintains benchmark interest rate
- UAE Central Bank maintain benchmark interest rate
- UAE non-oil foreign trade exceeds Dh1.7 trillion in H1 2025: Sheikh Mohammed
- Oil Updates - crude steadies as market weighs up supply risks
- Egypt's Suez Canal Economic Zone revenues jump 38% YoY despite traffic downturn
- Boursa Kuwait net profit surges 61% in H1
- Closing Bell: Saudi Arabia's TASI ends higher in green at 110,914
- Education spending drives Saudi POS transactions to $3.16bn
(BNA - 30/04/2025)
Gold prices dropped on Wednesday, pressured by a firmer dollar. Spot gold fell 0.3% to $3,306.18 an ounce as of 0624 GMT. The metal was on track to log its fourth consecutive monthly gain, rising nearly 6% so far in April. U.S. gold futures lost 0.5% to
(Khaleej Times - 29/04/2025)
Gold prices fell sharply on Monday, dropping 1.6 per cent to $3,268 per ounce, extending a decline that has seen the precious metal lose over five per cent since hitting a record high above $3,500 on April 22. Despite the pullback, analysts and wealth
(Gulfnews - 28/04/2025)
The Dubai gold rate is dropping - and it couldn't be happening in a better week for shoppers out there. A gram of 22K is at Dh367 (and Dh396.25 for 24K) and showing signs that there could be more price dips in the next 24-48 hours. These are the lowest
(QNA - 26/04/2025)
Gold prices fell by more than 1% on Friday as China considered exempting certain US imports from its tariffs, denting the precious metal's safe-haven appeal. Spot gold fell 1.4% to $3,302.81 an ounce. US gold futures shed 1.1% to $3,312.80. China is
(QNA - 25/04/2025)
Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week low amid optimism over the US-China trade deal. Spot gold rose 1.5% to $3,335.39 an ounce, while US gold futures gained 1.5% to $3,344. The dollar index
(Gulfnews - 24/04/2025)
The Dubai gold rate has gained a near Dh7 a gram early today, which will come as a complete jolt to shoppers in the UAE who had been hoping for a third straight day of price softening. The local gold price for a gram of 22K is Dh374.75, while for the 24K
(Arab News - 23/04/2025)
Saudi Arabia's demand for gold bars and coins rose 9 percent in 2024 to 15.4 tonnes, reaffirming the Kingdom's position as the Gulf region's largest investment market for the precious metal, a new report showed. The World Gold Council's Gold Demand
(QNA - 22/04/2025)
Gold touched a record high on Monday as the dollar sank to a three-year low and trade war concerns between the United States and key trading partners stirred recession fears. Spot gold advanced 1 percent to $3,361.53 an ounce. US Gold futures firmed 1.4
(QNA - 18/04/2025)
The price of gold in the Qatari market rose by 3.18 percent this week, reaching USD 3,341.52000 per ounce, according to data released on Thursday by Qatar National Bank (QNB). The price increased from USD 3238.48780 recorded last Sunday. The data also
(Khaleej Times - 18/04/2025)
The Dubai Gold Rate has seen the first cooling off in the last 24 hours, at Dh369.75 from Dh372.75 for a gram of 22K. (The 24K too has slipped under Dh400, after breaching that level for the first time yesterday.) The price drop was not a given. At
(Trade Arabia - 17/04/2025)
Gold has set a new record by crossing a milestone level of $3,300 for the first time in history. The gold price has jumped 40% over the last 12 months, said media reports. Spot gold hit a record of $3,317.90 per ounce on Wednesday, resuming a rally based
(Khaleej Times - 16/04/2025)
The Dubai Gold Rate has just hit a new all-time high - of Dh365.25 for a gram of 22k - after relative price stability in the previous 24 hours. In fact, with the last few hours alone, the local gold price has surged Dh6.75 a gram over yesterday's rate of
(Bloomberg - 15/04/2025)
The gold that flooded into US futures exchange warehouses in a tariff-driven arbitrage trade is now slowly trickling out. The risk that precious metals could be caught up in trade duties pushed prices on New York's Comex into a large premium over global
(Khaleej Times - 14/04/2025)
After breaching $3,200 an ounce last week for the first time, gold prices appear to be in a climatic blow-off phase, with a brief spike above $3,300 likely before a significant correction between 10 per cent and 20 per cent, according to market analysts.
(Reuters - 12/04/2025)
UBS and Commerzbank raised their gold price forecasts on Friday, joining other investment banks as investors drive the safe-haven metal to record highs amid the economic uncertainty sparked by US President Donald Trump's trade policies. Trump's tariffs
(Arab News - 11/04/2025)
The price of gold has crashed past $3,200 an ounce for the first time in history - and taking the Dubai gold rate to Dh358 a gram for 22K. The local gold price has now gone up by Dh24 on a gram basis in 4 days. (The Saudi price for a gram of 22K is
(QNA - 09/04/2025)
Gold prices edged higher on Tuesday from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the United States and its key trading partners lifted demand for safe-haven assets. Spot gold was up
(QNA - 08/04/2025)
Gold prices dropped Monday to their lowest levels in more than three weeks, amid a widespread wave of selling by investors seeking to cover losses in other markets, amid growing fears of a global economic recession due to escalating trade tensions. Spot
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