Skip to main content Skip to footer Prices of food and non-alcoholic beverages group saw a significant rise of 3.4 percent
Bullion loses safe-haven appeal amidst reduced geopolitical risks
Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment
Egypt further plans to sell more state assets, which would reduce the state's role in the economy
Rental prices drive Saudi Arabia's annual inflation increase in March
The CPI reached 106.67 points in March
Gold prices increased to an all-time high of $2,431.29 on Friday, gaining over 14 percent this year
This marks a substantial growth compared to $1.05 billion in the same period in FY 2022/2023
UK leaves borrowing costs unchanged at 5.25 percent despite fall in annual inflation
Month-on-month, prices rose by 1.0 percent in March, down from 11.4 percent in February
Central bank emphasizes inflation targets as economy aims for stability
Japanese firms raise wages by 5.24 percent, the highest increase in 33 years
The rise in prices is fueled by geopolitical tension and supply concerns
The manufacturing sector struggles, faces deeper downturn
The reserves surged by 14.4 percent
Gold prices have reached new record highs in each session since last Thursday
Non-oil private sector saw a decline in cost inflation for the second month in a row
The market anticipates four ECB rate cuts, first in June
While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains
PMI data shows growth in export orders, slow employment decline
Oil production cuts to keep economic growth low at about 1.4 percent in 2024
Globally, spot gold remained stable at $2,195.34 per ounce
Globally, spot gold stabilized at $2,179.98 per ounce
The government's price reduction plan is set to ease burden on citizens