Poging GOUD - Vrij
Gold bullion slips on stronger US dollar, higher rate expectations
Business World Philippines
|March 11, 2026
GOLD fell more than 1% on Monday, pressured by a stronger dollar and expectations of higher interest rates as the Middle East conflict fueled inflation concerns.
Spot gold was down 1.5% at $5,091.62 per ounce at 1:40 p.m. ET (1740 GMT). US gold futures for April delivery settled 1.1% lower at $5,103.70.
Inflation worries and expectations of higher interest rates driven by uncertainty over the war weighed on gold, but a prolonged conflict is also expected to sustain safe-haven demand and provide a floor for gold prices, said Jim Wyckoff, senior analyst at Kitco Metals.
Dit verhaal komt uit de March 11, 2026-editie van Business World Philippines.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business World Philippines
Business World Philippines
PCCI backs emergency powers to curb drastic swings in fuel prices
THE Philippine Chamber of Commerce and Industry (PCCI) said it supports granting President Ferdinand R. Marcos, Jr. the authority to stabilize fuel prices and reduce the burden on consumers.
1 mins
March 11, 2026
Business World Philippines
PHL improves in global connectedness — DHL report
The Philippines improved three spots to 59th in the DHL Global Connectedness Report 2026, placing it in the middle among its Southeast Asian neighbors.
3 mins
March 11, 2026
Business World Philippines
Meralco power rates increase in March
OVER EIGHT MILLION customers served by Manila Electric Co. (Meralco) will have to tighten their belts this month as the power distributor announced a rate hike, citing higher transmission and generation charges.
3 mins
March 11, 2026
Business World Philippines
Oil shock to bring inflation above 4%
THE IRAN war could trim 0.2-0.3% from the Philippines' gross domestic product (GDP) growth this year, as the oil shock could drive inflation to above 4% this year, Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan said on Tuesday
4 mins
March 11, 2026
Business World Philippines
Philippine banks’ lending growth slows in January
PHILIPPINE BANKS’ lending growth slowed to a near two-year low in January as outstanding loans continued to expand at a single-digit pace, preliminary central bank data showed.
3 mins
March 11, 2026
Business World Philippines
SMFB profit climbs 13% to P46.3B on food, spirits growth
SAN MIGUEL Food and Beverage, Inc. (SMFB), the food and beverage subsidiary of San Miguel Corp. (SMC), reported a consolidated net income of P46.3 billion for 2025, a 13.2% increase from the P40.9 billion recorded in 2024.
1 mins
March 11, 2026
Business World Philippines
Matt's Coffee targets students, professionals with work-friendly space
A NEWLY opened café in Quezon City is seeking to stand out in the city’s crowded coffee scene by positioning itself as a place where customers can linger and work.
1 mins
March 11, 2026
Business World Philippines
Shipping firms allowed to collect fuel surcharge
THE Maritime Industry Authority (MARINA) said it has authorized ship operators to collect a fuel surcharge of up to 20% of base fares, among other measures to promote the efficient use of fuel.
1 min
March 11, 2026
Business World Philippines
Airlines start vast fare hikes; shares stabilize
AIR NEW Zealand said on Tuesday it has raised all of its fares due to the Middle East conflict and may take further pricing action, underscoring how global airlines will seek to pass on the costs of higher oil prices to passengers.
2 mins
March 11, 2026
Business World Philippines
Oil blockade will continue until attacks end, Iran says
Iran’s Revolutionary Guards said on Tuesday they would not allow “one liter of oil” to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald J. Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.
2 mins
March 11, 2026
Listen
Translate
Change font size