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March 9, 2026

Gold Prices Slide as Dollar Index Gains

London: Spot gold fell below the $5,100 per ounce threshold on Monday, retreating from earlier highs as investors recalibrated their portfolios amid a surging greenback. The precious metal, which briefly spiked following joint strikes on Tehran earlie…

Saudi Arabia Intercepts 12 Drones Targeting Shaybah Oilfield

Ankara: Saudi Arabia said Monday evening that its air defenses had intercepted and destroyed 12 drones targeting an oilfield in the country’s south. A Defense Ministry statement reported that the drones were shot down in Rub’ al-Khali (Empty Desert Qu…