Gold prices rose on Friday, aiming for their eighth straight weekly gain, supported by safe-haven demand amid expectations of U.S. Federal Reserve interest rate cuts.

Gold prices rose on Friday, heading for their eighth consecutive weekly gain, supported by safe-haven demand amid geopolitical and economic uncertainty and expectations of US interest rate cuts.

The election campaigns for the Iraqi Parliament in Kurdistan Region provinces have started with little momentum. Kurdish voters know their parliamentary seats are fixed, and candidates focus on national issues between the region and the federal government, especially in disputed areas like Kirkuk, Mosul, and Diyala.

The European Union is considering imposing heavy tariffs on Chinese steel imports amid rising tensions with the United States and China, with warnings of economic repercussions threatening European industries and global supply chains.

The 21-carat gold price in the UAE remained stable at 432 AED on Friday, October 10, 2025, supported by strong demand for ETFs and central bank purchases.

On Friday, October 10, 2025, the US dollar exchange rate at the Central Bank of Egypt was 47.48 EGP for buying and 47.62 EGP for selling, with similar rates recorded at major Egyptian banks including the National Bank of Egypt and Banque Misr.

The Egyptian government plans to increase private investments in the oil and gas sectors by more than 60% by 2030, focusing on encouraging private sector participation and simplifying procedures within its economic development plan.

China's tourism sector saw a surge in domestic trips during the Golden Week from October 1 to 8, with 888 million trips and revenues of 809.01 billion yuan. However, excessive competition has led to price cuts threatening profits for hostels and hotels.

Archaeologists in the Czech Republic have uncovered hundreds of ancient Celtic coins over 2000 years old, well-preserved and unstolen, revealing the influence of Hellenistic culture in Central Europe.

Oil prices slightly changed after the ceasefire agreement between Israel and Hamas in Gaza, amid the ongoing war in Ukraine affecting sanctions on Russia. Despite this, crude prices remain up about 1.2% weekly after last week's decline.