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- China Launches Discrimination and Dumping Probes into US Chips ahead of Trade Talks
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- Mohammed bin Rashid Aerospace Hub launches 'VIP Terminal Boulevard'
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12/09/2025 02:47 AST
Gold prices in Dubai dropped by Thursday evening, with 22-karat gold staying above Dh400 per gram for the fifth straight day. It opened at Dh407.25 per gram, and later dipped to Dh403.50. The price of 24-karat gold touched Dh435.75 per gram.
(Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait.) Meanwhile, the Indian gold rate for 24-carat gold is approximately ?11,051 per gram, and the rate for 22-carat gold is about ?10,130 per gram on Thursday.
Gold eased 0.5% to about $3,623 an ounce, pulling back from this week's peak. Prices had risen earlier after US producer prices unexpectedly fell for the first time in four months, bolstering bets on a Federal Reserve rate cut next week.
Markets now see a quarter-point cut at the September 16-17 meeting as certain, with more likely by year-end. Lower rates tend to support bullion, which has surged nearly 40% this year on central bank demand, geopolitical risks, and ETF inflows.
Analysts say the rally shows signs of fatigue, but long-term drivers remain intact.
Gulfnews
14/09/2025
Young talents in Saudi Arabia require a combination of digital and technical skills, including artificial intelligence and data analytics, to thrive in the Kingdom's dynamic business environment, exp
Arab News
11/09/2025
As part of efforts by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) to enhance In-Country Value (ICV) and reduce reliance on imports, Green Tech Mining & Services has signed a
Muscat Daily
11/09/2025
Saudi Arabia's industrial production jumped 6.5 percent in July from a year earlier, driven by solid gains in manufacturing and mining, official data showed.
The Industrial Production Index
Arab News
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14/09/2025
Saudi Arabia's deserts are fast becoming the new frontier for hyperscale data centers, offering vast land, natural resilience, and strategic positioning that traditional global tech hubs struggle to
Arab News
14/09/2025
A $500 million financing deal has been struck to help fund a direct electricity interconnection project between the Gulf Cooperation Council and Oman.
The GCC Interconnection Authority and S
Arab News
14/09/2025
Young talents in Saudi Arabia require a combination of digital and technical skills, including artificial intelligence and data analytics, to thrive in the Kingdom's dynamic business environment, exp
Arab News
12/09/2025
The UAE has ranked among the safest countries in the aviation sector, with a score of 98.86% in ICAO's Universal Safety Oversight Audit Programme. The achievement was highlighted in the General Civil
Khaleej Times
12/09/2025
The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South has announced the launch of 'The VIP Terminal Boulevard', a new development designed to attract leading aviation companies and luxury reta
Trade Arabia
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