Markets

UAE gold prices climb AED3.5, global rates hit new high on safe-haven demand

Gold prices have set more than 15 records this year and achieve a nearly 19 percent increase year-to-date

UAE gold prices jump AED1.75, global rates hit record $3,148.88

U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months

Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead

Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies

Gifting crypto for Eid al-Fitr emerges as UAE’s crypto adoption surges by 42 percent

Gifting money to younger family members during Eid al-Fitr is being reimagined for the digital era in the UAE

Oil prices ease to $73.94 but hold near one-month high amid tightening global supply outlook

Both contracts gained over 2 percent so far this week and more than 7 percent since hitting multi-month lows in early March

UAE gold prices gain AED3.75, global rates climb to new high on Trump’s tariff plans

Bullion gained 1.8 percent so far this week, placing it on track for a fourth straight weekly gain

Oil prices dip to $73.70 on Trump’s auto tariffs despite tighter supply risks

Tariffs that increase vehicle prices may suppress auto sales and, consequently, the demand for oil products

UAE gold prices climb AED2, global rates rise as trade tensions escalate

Gold prices are expected to reach $3,300 per ounce on stronger-than-expected ETF inflows and sustained central bank demand

Eid al-Fitr 2025: Record gold prices trigger shift in UAE consumer preferences toward 18K gold

March has been one of the most bullish months for gold in the past 4 years, gaining around 4.2 percent on average

Oil prices rise 0.30 percent to near three-week high on supply fears as U.S. stocks drop

American Petroleum Institute data showed that U.S. crude inventories fell by 4.6 million barrels last week

UAE gold prices dip AED0.5, global rates rise on concerns over Trump’s reciprocal tariff plans

U.S. dollar gained 0.13 percent to 104.32, making bullion less attractive for other currency holders

Oil prices steady at $73.05 amid Trump’s Venezuela tariff concerns

OPEC+ ready to move forward with scheduled output increase in May

UAE gold prices down AED1.75, global rates rise on Fed optimism

Spot gold was up 0.1 percent at $3,025.12 an ounce

Oil prices slip to $71.88 amid Trump tariffs, Russia-Ukraine talks

West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel

China to issue $829 million yuan-denominated green sovereign bond in London for first time

In February, China's finance ministry released a framework for sovereign green bonds, paving the way for offshore issuances

Oil prices rise 0.37 percent: Iran sanctions, planned OPEC+ cuts set prices for second weekly gain

The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers

UAE gold prices dip AED0.5, global rates set for third weekly gain on rate cut hopes

Bullion recorded an all-time high of $3,057.21 per ounce on Thursday and has climbed about 1.5 percent so far this week

Asian stock markets mixed after China central bank keeps rates steady

Downward trends followed Beijing's decision to maintain the five-year and one-year loan prime rates at 3.6 percent

Oil prices rise 0.51 percent on weaker dollar, renewed Middle East tensions

U.S. oil demand remained strong as distillate inventories fell more than expected by 2.8 million barrels

UAE gold prices gain AED2.25, global rates hit new record high at $3,055.96

So far this year, gold has recorded 16 record highs, four of which were above the $3,000 milestone

UAE gold prices up AED1.5, global rates hit record high ahead of Fed decision

The Fed is expected to maintain interest rates at 4.5 percent amidst economic uncertainty

Oil prices dip to $70.25 on oversupply fears after Russia-Ukraine truce

Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged

U.S. Bitcoin ETFs record $5.4 billion in outflows in five weeks

Bitcoin has dropped 21 percent over the last three months