October 18, 2026
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Tag : Federal Reserve

Business

Gold stays above $4,400 before US inflation releases

omandailynews.com
Gold prices edged higher on Thursday as a softer U.S. dollar supported bullion before fresh U.S. inflation data. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery slipped 0.1% to $4,457.20. The...
Business

Gold clears $4,400 while US inflation data takes focus

omandailynews.com
Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5. U.S. gold futures climbed 1.7%...
Business

Gold prices fall on strong dollar ahead of central bank meeting

omandailynews.com
Precious metal values declined during Tuesday trading sessions as a stronger United States dollar increased purchasing costs for international buyers while financial institutions awaited the outcome of a critical central bank meeting. Official market reports published by Emirates News Agency...
Business

Gold falls below $4,000 after oil prices jump

omandailynews.com
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold...
Business

Dollar heads for weekly gain as yen nears 160 level

omandailynews.com
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in Asian and European dealings. It...
Business

CBUAE leaves base rate unchanged at 3.65%

omandailynews.com
ABU DHABI: The Central Bank of the UAE kept the Base Rate applicable to the Overnight Deposit Facility unchanged at 3.65% on April 29, leaving the country’s main policy benchmark at the same level after the latest U.S. rate decision. The move preserves...
Business

Gold steadies as markets watch US-Iran talks

omandailynews.com
ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates. The metal stayed range-bound after...
Business

Gold and silver selloff ripples into stocks and commodities

omandailynews.com
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger U.S. dollar. The...
Business

Global markets face disruption amid $17.3 trillion oil shock warning

omandailynews.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the detention of...
Business

Gold prices rise as risk sentiment weakens globally

omandailynews.com
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm signals from the Federal Reserve that interest rates will remain restrictive until inflation is fully contained. Spot gold was...