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Gold extends rally as weak jobs data fuels hopes for fed rate cut
Gold extends rally as weak jobs data fuels hopes for fed rate cut

Al Bawaba

time6 days ago

  • Business
  • Al Bawaba

Gold extends rally as weak jobs data fuels hopes for fed rate cut

Published August 5th, 2025 - 07:33 GMT Spot gold rose by 0.1% to $3,375.89 per ounce, while U.S. gold futures also edged up 0.1% to $3,430.40. The yield on the benchmark 10-year U.S. ALBAWABA- Gold prices climbed for the fourth consecutive session on Monday, buoyed by a weakening U.S. dollar and falling Treasury yields, after disappointing U.S. jobs data increased expectations of an interest rate cut by the Federal Reserve in September. Also Read Russia ends missile moratorium amid escalating tensions with U.S. Spot gold rose by 0.1% to $3,375.89 per ounce, while U.S. gold futures also edged up 0.1% to $3,430.40. The yield on the benchmark 10-year U.S. Treasury note dropped to its lowest level in a month, further supporting gold's upward momentum. — Gaurav Trades✨📊 (@Gaurav_faxxuusd) August 5, 2025 Among other precious metals, spot silver gained 0.1% to reach $37.44 an ounce. Platinum added 0.1% to trade at $1,330.31, and palladium advanced 0.2% to $1,204.25 per ounce. The combination of weaker economic indicators and shifting investor sentiment toward a possible rate cut has continued to strengthen demand for safe-haven assets like gold. © 2000 - 2025 Al Bawaba (

Viral Video: Jordan Cafe offers reservations to watch Israel-Iran missile exchange, netizens say 'shame on humanity'
Viral Video: Jordan Cafe offers reservations to watch Israel-Iran missile exchange, netizens say 'shame on humanity'

Time of India

time24-06-2025

  • Politics
  • Time of India

Viral Video: Jordan Cafe offers reservations to watch Israel-Iran missile exchange, netizens say 'shame on humanity'

Live Events A Cafe's Controversial "View" Ceasefire agreement (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The situation in the Middle East has been tense over the past few days, with Israel and Iran exchanging missiles since June began with Israel launching " Operation Rising Lion ," targeting nuclear and missile sites in Iran and a counter from the escalating tensions between the two countries, videos from the neighbouring countries of Lebanon and Jordan are going a clip shared on Instagram, people at a cafe in Lebanon were seen capturing the missile exchange between Israel and Iran in the night sky. Despite the gravity of the situation, people were seen enjoying the rare 'view."Now, a new clip has emerged where a clip shared by Middle East news outlet Albawaba shows the shocking scene. Individuals on the rooftop of a Jordanian restaurant are seen sipping coffee and eating dinner, with their gaze fixed on the distant missile exchanges. Some were even seen putting down their food to capture the "spectacle" on their commercialisation of the conflict has invited severe criticism online. Social media users are voicing their outrage, condemning the cafe's move during such a grave like "What stage of Capitalism is this?" and "This is nuts. Do people enjoy watching lives being lost? May God forgive us," reflect the widespread prevailing sentiment is a resounding "Shame on humanity. Now people are enjoying each other's death," with many believing this signifies a new low for human Israel-Iran ceasefire has finally taken effect, with Iran's Press TV announcing on June 24 that the "ceasefire begins following four waves of Iranian attacks on Israeli-occupied territories."The truce in the 12-day war that threatened to veer out of control on multiple occasions came as a major relief for markets and economies around the world, with oil slipping and gold losing shine and stock markets jumping situation, however, still remain tense, with Israel saying that it detected missiles launched by Iran two hours after the ceasefire came into ceasefire between the two warring sides was first announced by US President Trump early today. Trump made this announcement minutes after each side threatened new attacks. Iran's final call came hours after an (apparently) final volley of projectiles at a post on social media, Iranian Foreign Minister Abbas Aragchi said the military had fought until the "very last minute." Despite this, Israel reported that three separate waves of missile attacks were launched by Iran that same confirmed its agreement to the truce hours later.

UEFA Champions League Quarter-final Alert: Arsenal's Do-or-Die Moment Against Real Madrid!
UEFA Champions League Quarter-final Alert: Arsenal's Do-or-Die Moment Against Real Madrid!

Al Bawaba

time07-04-2025

  • Sport
  • Al Bawaba

UEFA Champions League Quarter-final Alert: Arsenal's Do-or-Die Moment Against Real Madrid!

Published April 7th, 2025 - 10:50 GMT Albawaba - In a match that epitomizes the clash of European giants, the Emirates Stadium prepares to host the most anticipated first leg of the Champions League quarter-finals, where Arsenal (Premier League runners-up) will face Real Madrid (La Liga champions and continental favorites). Real Madrid are unbeaten in their last 12 Champions League quarter-final stage matches. are unbeaten in their last 12 Champions League quarter-final stage matches. Clean Sheet Kings: Arsenal 's Stunning Defensive Record in Champions League This Season. 's Stunning Defensive Record in Champions League This Season. Their last meeting was in 2006 (Arsenal won 1-0 with Henry's legendary goal). 3 Key Battles That Will Decide the Match 1. Wing Duel: Saka vs Mendy (fastest duel on the pitch). vs (fastest duel on the pitch). Vinicius against Arsenal's defense missing Tomiyasu, Gabriel Magalhães. 2. Midfield Mastery: Tactical battle between Ødegaard and Bellingham (Europe's top playmakers). 3. Substitutes Factor: Real Madrid's attacking depth (Rodrygo, Endrick, Mbappé, Brahim Diaz, Vini). (Rodrygo, Endrick, Mbappé, Brahim Diaz, Vini). Arsenal's reliance on Arteta's innovative tactics. 70% of European analysts predict Real Madrid will advance. of European analysts predict Real Madrid will advance. 90 minutes might not be enough (the tie could be decided at Bernabéu). © 2000 - 2025 Al Bawaba (

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