October 2, 2026

Business

Precious Metals Slide as Investors Lock in Gains

Abu dhabi: Precious metals prices fell sharply on Monday as investors took profits following strong recent rallies, with silver and platinum retreating from record highs reached earlier in the session. Spot gold dropped 4.5% to $4,330.79, after touchi…

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Spain’s Inflation Rate Declines to 2.9% in December

Madrid: Spain’s annual inflation rate eased for the second month, falling to a four-month low of 2.9% in December 2025 from 3.0% in November, though slightly above the expected 2.8%, preliminary estimates showed. The deceleration was largely driven by…

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