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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Gold Rate
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interest rate
Markets
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
Economy
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
Markets
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
Markets
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
Markets
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
Markets
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
Markets
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
Economy
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
Markets
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
Markets
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
Energy
Oil prices rise 0.2 percent to $76.71 as traders absorb hawkish Fed signal, Trump tariffs
West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel
Banking & Finance
US Federal Reserve, UAE central bank hold interest rates steady
After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range
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