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UAE Man Dies from New SARS-Like Virus; Population Not Endangered

The new deadly coronavirus that first appeared in Saudi Arabia last year claimed its 11th victim, according to the World Health Organization. A 73-year-old...

Volatile Week Ahead of Gold; Upside Potential Remains Strong

On Friday, gold prices fell but still registered a third straight weekly gain. Gold for December delivery shed $7.60, or 0.6%, to settle at...

Precious Metals Weekly Report by Gerhard Schubert, Emirates NBD

Precious Metals Report by Gerhard Schubert, Head of Precious Metals, Emirates NBD Save the date: The 8th Dubai-City of Gold Conference will take place on...

GCC cancer registry under development

Epidemiological data will help to establish trends and quality of cancer treatment in the region The Gulf Federation for Cancer Control (GFFCC), in partnership with...

Gold demand to remain strong in 2011

Gold prices had held up reasonably well amidst the overall sell off in commodities since April. A short-term break could be on the cards,...

Gold Advances Aggressively on Unchanged QE Policy

Gold futures pushed higher in early electronic trade on Thursday. The Federal Reserve’s surprise move on Wednesday promising to keep the cash flowing into...

Losses for silver short-sellers near infinite

The current setup is extremely bullish for silver price, according to Sprott Asset Management. Whatever froth and excess was present in the paper markets...

Knee replacement operations surge due to obesity spread

There has been an increase in the number of knee replacement surgeries among older people worldwide. The reason for that is partly a desire...

Gold at record high

Gold futures notched a record high Tuesday as investors worried about a potential government shutdown and the ongoing fighting in Libya, and doubted that...

Gold in The Middle of A Currency War

There are a lot of recent speculations about something called currency war. It is a popular topic widely disputed in connection to the current...

Top mining companies report rise in gold production in Q4 of...

African Barrick Gold PLC produced 180,684 ounces of gold in the fourth quarter. That is 13% quarterly uincrease and 22% on year over year...

Silver outshone gold

Last week, silver extended its gains for the third consecutive week taking its cue from gold. The past year’s volatility had many investors reduce demand for...

Sanofi-aventis stands behind the safety of Lantus

Sanofi-aventis (EURONEXT: SAN and NYSE: SNY) has just been made aware of data associated with a retrospective follow-up of four patient registries. The results...

Fundamentally Positive on Gold Prices, but Short Term Bearish

Gold prices settled lower for the week last Friday, suffering from their first monthly decline since March. The fourth straight weekly fall was driven...

Silver expected to come back in the second quarter

Last week precious metals fell significantly as market players interpreted comments by the Federal Reserve to mean that a third round of quantitative easing...

HSBC Revises Gold Forecast, Remains Bullish

On Monday, HSBC revised its outlook on gold prices for 2013 and 2014, but reiterated its bullish view on the yellow metal. The bank cut...

Gold and Silver Advance on Improving Economic Data

On Monday, gold futures advanced for the fourth consecutive session. Silver futures surged to above $21 for the first time since the middle of...

European problems turn into opportunity for silver

The news that further budget cuts have been approved by the Greek government, after trading closed for the week on Friday, should be positive for Silver this week.