The global gold market has been on a remarkable upward trajectory for the fourth consecutive week, nearing its highest ancient level recorded in October of last year. This significant shift in the gold price dynamics can be attributed to the recent statements made by US President Donald Trump during his first week in office. Gold … Read more
US Stock Market Surges as Trump’s Policies Fuel Optimism The US stock market opened higher on Wednesday, buoyed by the renewed influence of former president Donald Trump’s policies. Investors responded positively to the potential economic shifts under his leadership, driving key indices to notable gains. The Standard & Poor’s 500 index rose by 0.6%, … Read more
gold Prices Surge to 11-Week High Amid Dollar Weakness and Trump Policy Concerns The global gold price has soared to its highest level in 11 weeks, driven by a combination of a weakening US dollar and heightened demand for safe-haven assets. Investors are increasingly turning to gold as uncertainty surrounding Donald Trump’s policies continues to … Read more
Dubai Real Estate Market Hits Record Highs in 2024, Generating AED 60 Billion in Resale Profits Dubai’s real estate market has once again proven its resilience and appeal, with investors reaping unprecedented profits in 2024. According to a recent report by Fam Real Estate, the resale market generated a staggering AED 59.7 billion … Read more
US Stock futures Rise as Treasury Yields Stabilize and Dollar Slips US stock futures climbed on Tuesday, signaling a positive start to the trading session, while Treasury bond yields stabilized and the dollar snapped a five-day winning streak. Investors are closely watching a series of economic data releases that coudl shape the trajectory of the … Read more
Dubai Real Estate Market Booms with 3 Billion Dirhams in transactions Dubai’s real estate market continues to thrive, with transactions worth approximately 3 billion dirhams recorded on Monday, according to data from Mubasher. The bustling market saw a total of 1,004 transactions, reflecting the city’s enduring appeal to investors and homebuyers alike. Sales Dominate … Read more
UAE Financial Markets Kick Off the Week with Gains Amid Fed Rate Speculations The UAE financial markets started the week on a positive note, with both the Dubai financial Market (DFM) adn the Abu Dhabi Securities Market (ADX) recording gains. This upward trend comes as investors reassess their expectations regarding the Federal Reserve’s potential interest … Read more
The gold price in Egypt has always been a topic of keen interest for investors, traders, and everyday consumers. As of January 9, 2025, the market continues to show dynamic fluctuations, reflecting both global trends and local economic factors. Today, the price of gold in Egypt stands at 134,721 Egyptian pounds per ounce, with the … Read more
Egyptian Gold Prices Soar, Signaling Global Market Shifts Table of Contents Egyptian Gold Prices Soar, Signaling Global Market Shifts Global Gold Market Trends Egyptian Gold Prices Soar: A gloabl market indicator? Gold prices in Egypt have experienced a dramatic surge, prompting analysts to examine the implications for global markets. On Monday, January 6, 2025, the … Read more
Gold Prices surge, Then Stabilize Amidst Uncertain Economic Climate The price of gold experienced a slight uptick last week, reaching a high of $2,665 per ounce before settling at $2,639. This represents a 0.7% increase, a welcome change after two consecutive weeks of decline.However, the market remains cautious, with gold trading within a narrow range … Read more