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Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked

Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked

Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased in

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Nile Star suspends bus services after series of deadly accidents

Nile Star suspends bus services after series of deadly accidents

Nile Trade Link Services, the company managing Nile Star Buses, has suspended all passenger transport operations following a spate of fatal accidents involving its fleet within just one month.In a public notice issued on Thursday, the company said the sus

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Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ug

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Museveni’s “Do You Sleep on the Road?” comment sparks fury over Kotido’s impassable roads

Museveni’s “Do You Sleep on the Road?” comment sparks fury over Kotido’s impassable roads

Residents push a truck stuck in the mud along the Soroti–Abim–Kotido road. Local leaders have urged the government to prioritize tarmacking Karamoja’s key transport corridors to save lives and boost trade.Kotido, Uganda: President Museveni’s offhand remark during a campa

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Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling a

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Gold steady amid firmer dollar.

Gold steady amid firmer dollar.

Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand.Spot gold was flat at $4,000.65/oz by 5.0

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How Sudan is giving Russia the Red Sea.

How Sudan is giving Russia the Red Sea.

Reader modeHow Sudan is giving Russia the Red Sealbc.co.uk2dThe proposal grants Russia permission to build and operate a Naval Technical and Logistical Support Point (PMTO) at Port Sudan, one of the country's most

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GREEN SCAM? Ugandans curse SPIRO e-bikes over exorbitant-hidden-double charges, half-charged batteries.

GREEN SCAM? Ugandans curse SPIRO e-bikes over exorbitant-hidden-double charges, half-charged batteries.

What was hailed as Uganda’s “clean transport revolution” is fast turning into a national outrage.When President Yoweri Museveni launched Spiro Uganda in July 2024, the promise sounded golden — cheap, green, and smart transport for the ordinary rider

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Emirates, Qatar competition heats up in Uganda.

Emirates, Qatar competition heats up in Uganda.

How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of U

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U.S. readies attacks on Venezuelan bases, ports, and airstrips, reports say.

U.S. readies attacks on Venezuelan bases, ports, and airstrips, reports say.

New reporting in the Wall Street Journal and the Miami Herald says the Trump administration “has identified targets in Venezuela that include military facilities used to smuggle drugs,” and that Washington “has made the decision to attack military installations inside Venezuela” — strik

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