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Friday, April 17, 2026
Gold market faces volatility as central banks shift strategy

Gold market faces volatility as central banks shift strategy

The global gold market is currently navigating a period of unprecedented volatility, standing at a crossroads where central bank strategy, geopolitical tension, and commodity pricing collide. For decades, gold was the ultimate insurance policy, a quiet, dormant asset tucked away in the vaults of central banks to be used only in the event of a systemic collapse. However, the recent surge in gold prices to the staggering 4,000–4,500 USD range has...

Azeri Light crude rises sharply as global oil benchmarks show mixed trends

Azeri Light crude rises sharply as global oil benchmarks show mixed trends

The price of Azerbaijan’s flagship crude grade, Azeri Light crude oil, recorded a notable increase in international markets, reflecting ongoing volatility across the global energy sector.

ABB targets expansion into Uzbekistan as part of strategic growth plan

ABB targets expansion into Uzbekistan as part of strategic growth plan

Azerbaijan’s International Bank of Azerbaijan (ABB) is setting its sights on regional expansion, with Uzbekistan emerging as a key target market under its 2026–2028 strategic development plan, AzerNEWS reports.

Dinara Asanbaeva: Int'l Carpet Festival 2026 provides essential space where heritage meets modern trends

Dinara Asanbaeva: Int'l Carpet Festival 2026 provides essential space where heritage meets modern trends

From May 1 to 3, 2026, the second International Carpet Forum will be held in Baku with organizational support from Azerkhalcha OJSC and the Administration of the Icherisheher State Historical-Architectural Reserve, as well as with the assistance of the Ministry of Economy and the Export and Investment Promotion Agency (AZPROMO), AzerNEWS reports.

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