April 15, 2026
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Sheikh Khaled begins Beijing visit to deepen UAE-China ties

UAE and Italy leaders discuss security and cooperation

China auto output and sales jump in March

Bank of Korea keeps rate at 2.5% for seventh hold

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

China inflation hits 1% in March as PPI turns positive

UAE president hosts UK PM for regional security talks

Bahrain and UK review regional tensions and economic risks

Gold steadies as markets watch US-Iran talks

Nikkei falls as caution returns to Tokyo stocks

Tag : Global Markets

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 a volatile week in which easing fears over a wider......
Business

India forex reserves hit record $728.49bn on RBI data

omandailynews.com
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier, reversing the prior week’s decline. India’s forex reserves comprise foreign currency assets, gold,......
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 drop reverberated across commodities and global equities, underscoring how quickly......
News

India’s 77th Republic Day highlights growing EU economic ties

omandailynews.com
India marked its 77th Republic Day on Monday with senior European Union leaders attending the national celebrations in New Delhi, underscoring the country’s expanding global economic and diplomatic engagement. President Droupadi Murmu and Prime Minister Narendra Modi hosted European Commission President Ursula von der Leyen and European Council President António Costa at the......
Business

Precious metals market sees major year-end correction

omandailynews.com
EuroWire, NEW YORK: Precious metals fell sharply on Monday as investors locked in profits after a series of record-breaking rallies, leading to steep losses across gold, silver, and platinum markets. The downturn came amid light trading volumes ahead of the year-end, as markets closed one of the strongest years on record for precious metals. Spot......
Business

Gold prices surge to record high near 4500 per ounce

omandailynews.com
LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global markets and persistent geopolitical tensions. The benchmark spot price briefly touched $4,497.80 per ounce in early Asian trading, setting a new receord before easing slightly.......
Business

Bank of Japan lifts rates to highest level in 30 years

omandailynews.com
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank lifted its short-term policy rate by 25 basis points to 0.75 percent, the highest since......
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 last up 0.3 percent at $2,378.40 per ounce, while U.S.......
Health

From crisis to catastrophe: China’s potential 65 million COVID cases per week by June

omandailynews.com
China’s COVID-19 situation is teetering on the brink of a precipice. The populous nation is potentially staring down an unprecedented spike of 65 million cases per week by June, escalating global concerns and prompting urgent deliberation on the pandemic’s trajectory. With the ominous cloud of the pandemic hanging over the......