Central Bank

Gold prices fall on stronger dollar

The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies

Oil prices remain near 2-week high on supply risks

China's crude imports rebounded in November as lower prices drew stockpiling demand

Gold prices fall sharply from three-week high

Despite the sharp decline in the U.S. dollar, gold prices fell on prospects of easing tensions in the Middle East

Egypt central bank keeps overnight interest rates unchanged

Egypt's annual headline inflation remained broadly stable for the third consecutive month, at 26.5 percent in October 2024

Gold prices set for best week in a year on escalating Russia-Ukraine tensions

The U.S. dollar picked up again, rising to around a 13-month high after gaining 0.17 percent to 107.14

Gold prices rise for fourth day straight as Russia-Ukraine tensions escalate

The U.S. dollar index fell 0.11 percent to 106.57, making gold prices more appealing for other currency holders

UAE’s digital banking sector on track to reach $175.7 billion by 2029

In 2024, 80 percent of UAE banks have prioritized digital transformation, placing the nation at the center of the tech-driven banking evolution

Gold prices rise to one-week high on rising Russia-Ukraine tensions

Several Federal Reserve officials this week are expected to provide additional insight into the U.S. rate cut trajectory

Gold prices at one-week high on softer dollar

Geopolitical risks stemming from the Russia-Ukraine war and the ongoing conflicts in the Middle East continue to raise safe-haven demand for gold

Oil prices rise slightly as Norway’s Johan Sverdrup oilfield halts production amid escalating conflict in Ukraine

Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel

Gold prices rise after worst week in more than three years

The U.S. dollar index lost some of its recent gains after rising 1.6 percent last week

Oil prices surge amid intensifying Ukraine-Russia conflict, persistent demand concerns in China

As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel