Banking & Finance

Banks, financial services, lending, and fintech developments

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Rise in Gold Prices and Decline of the Dollar

Rise in Gold Prices and Decline of the Dollar

Gold prices rose on Monday, supported by a decline in the US dollar, as investors await a busy week of US economic data that could impact the markets. According to Reuters, the price of gold in spot transactions increased by 1.2 percent to $5018.56 per ounce, continuing its rise by 4 percent since Friday. View the full content on الشروق أونلاين.

Feb 9, 2026echoroukonline.com
Algeria Post Launches New Card Allowing Withdrawals of 10 Million Centimes Daily

Algeria Post Launches New Card Allowing Withdrawals of 10 Million Centimes Daily

Algeria Post has launched a new card today, Monday, allowing withdrawals of up to ten million centimes daily through automated teller machines. The institution stated that the card is called 'Premium Senior', enabling electronic payment and withdrawal operations easily according to the highest safety standards. Algeria Post's statement mentioned that 'the new card is a premium payment card that combines excellence and privileges.'

Feb 9, 2026radioalgerie.dz
Gold and silver continue their gains in spot transactions

Gold and silver continue their gains in spot transactions

Gold and silver continued their gains today, Monday, amid a decline in the dollar. Gold rose in spot transactions by 1.4% to $5029.09 per ounce after a nearly four percent increase on Friday. U.S. gold futures for April delivery rose 1.4% to $5051 per ounce. Silver increased in spot transactions by 2.5% after a 10% rise in the previous session.

Feb 9, 2026radioalgerie.dz
IMF Praises the Success of Algeria Conference

IMF Praises the Success of Algeria Conference

The Director of the Middle East and Central Asia Department at the International Monetary Fund, Jihad Azour, praised the success of the conference organized by the Bank of Algeria and the International Monetary Fund on regional integration between North Africa and Europe and Sub-Saharan Africa, confirming that this event allowed for the exchange of views on priority actions aimed at enhancing communication …

Feb 6, 2026al24news.dz
After touching $60,000... Bitcoin rebounds from a 16-month low

After touching $60,000... Bitcoin rebounds from a 16-month low

The price of Bitcoin rose on Friday after hitting a 16-month low of $60,000, as signs of easing global pressures on technology stocks emerged, which had led to heavy losses across various asset classes. The price of the largest cryptocurrency in the world increased by 3.3 percent to reach $65,198.20, recovering...

Feb 6, 2026al24news.dz
Gold and silver continue to decline amid dollar strength

Gold and silver continue to decline amid dollar strength

Gold and silver continued their losses today, Friday, as the global decline in technology company stocks and the rise in the value of the dollar erased most of the gains they had made during a brief recovery earlier this week. Gold fell in spot transactions by 0.7 percent to $4735.99 per ounce after dropping four percent yesterday, and U.S. gold futures for April delivery fell 2.8 percent to $4752.40 per ounce.

Feb 6, 2026radioalgerie.dz