Markets

UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50

Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data

U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel

UAE gold prices steady, global rates rise as focus shifts to Trump’s incoming administration

Gold prices have risen over 27 percent this year and are set for their best performance since 2010

UAE gold prices rise AED1, global rates set for weekly gain

Gold prices have surged nearly 28 percent this year, reaching a record high of $2,790.15 on October 31

Oil prices steady at $73.22 and $69.19 amid holiday trading slowdown

Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes

UAE gold prices rise AED1.25, global rates gain on weaker dollar

The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders

Crude oil prices rise 0.2 percent on new China stimulus, U.S. inventory declines

Brent oil futures increased by 0.2 percent, reaching $73.71 a barrel

UAE gold prices dip AED1.25, global rates rise on U.S. trade tariff concerns

In the past year, gold prices have gained over 27 percent, positioning bullion for its most successful year since 2010

Crude oil prices edge up 0.4 percent amid supply concerns and demand focus

Brent oil futures for February rose by 0.4 percent to $72.91 a barrel

Oil prices rise 0.4 percent amid U.S. shutdown relief, positive inflation trends

Brent crude futures for February rose by 0.4 percent to $73.20 a barrel

UAE gold prices edge down, global rates recover from one-month low

Expectations of fewer cuts in 2025 pushed gold prices to their lowest since November 18 last week

DP World launches Middle East’s first $100 million blue bond to fund sustainable marine transport

Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality

Crude oil prices face weekly decline of over 2 percent amid Fed’s demand concerns

Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel

Bitcoin trades near $100,000 after Powell says “we’re not allowed to own Bitcoin”

In the last week, the world's largest cryptocurrency lost 0.10 percent of its value

Gold reserves at CBUAE surpass $6.3 billion in Q3 2024

Reserves grew month-on-month by $316.9 million

UAE gold prices fall AED5, global rates dip following Fed rate cut

Investor sentiment was impacted after the central bank signaled fewer rate cuts next year

Crude oil prices fall 0.6 percent following Fed’s 0.25 basis point rate cut

Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel

Emirates NBD launches $500 million sustainability bond on Nasdaq Dubai

The bond is the world’s first SLLB issued under the new ICMA/LMA framework

Crude oil prices show little movement ahead of Fed meeting

Brent oil futures for February delivery held steady at $73.20 a barrel

UAE, global gold prices rise with Fed’s policy decision in focus

Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory

UAE, global gold prices show minimal movement ahead of Fed meeting

Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings

Crude oil prices fall ahead of Fed meeting amid weak Chinese economic data

Brent Oil Futures decreased by 0.2 percent, settling at $73.81 per barrel