Central Bank

UAE gold prices rise AED1.25, global rates set for sixth consecutive weekly gain

Gold hit an all-time high of $2,882.16 on Wednesday and has gained more than 2 percent this week

Bank of England cuts interest rates to 4.5 percent, lowest since 18 months

This decision follows December's unexpected inflation drop from 2.6 percent to 2.5 percent

UAE gold prices gain AED1, global rates hover near record high on strong safe-haven demand

Gold prices hit an all-time high of $2,882.16 in the previous session

Oman’s broad money supply grows 11 percent to $64.5 billion

Currency issued fell 5.2 percent to OMR1.5 billion by November 2024 from OMR1.58 billion

Central banks, investors drive gold demand to new record in 2024

Annual gold investment reached a four-year high of 1,180 tons, rising 25 percent year-on-year

UAE gold prices climb AED2.75, global rates hit record high as investors seek safe-haven amid tariff conflict

Prices rose after China imposed tariffs on U.S. imports in response to new American duties

UAE gold prices rise AED2.5, global rates hit record high on Trump tariff concerns

U.S. President Donald Trump suspended tariffs on Mexico and Canada on Monday

UAE gold prices down AED2.25, global rates fall on stronger dollar

On Saturday, Trump levied 25 percent tariffs on Canadian and Mexican imports and 10 percent on goods from China starting February 4

Markets surge after ECB cuts interest rates for fifth time to 2.75 percent

Eurozone stagnation due to industrial recession leads ECB to continue its easing trajectory

UAE gold prices rise AED2.5, global rates hit record high on Trump tariff concerns

Earlier in the session, gold prices hit an all-time high of $2,799.71

UAE gold prices gain AED0.25, global rates rise ahead of key U.S. inflation data

Fed signaled no rush in lowering borrowing costs until inflation and jobs data made it appropriate to begin another easing cycle