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Gold and silver into a record territory

Gold and silver pushed further into record territory Friday as renewed fears of inflation spurred investment demand for the safe-haven assets. Gold futures closed at...

Gold spot price at $1,515

Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...

Dubai’s Gold Souk Suffers Lack of Demand

Shopkeepers in Dubai's Gold Souq say sales are declining because tourists from Saudi and Russia have less cash to spend. But experts reveal harsher...

Lack of inflation – negative factor for silver price

Silver outperformed the yellow metal for yet another week, pulling the gold to silver ratio to .51.11 from 51.81 last week.

MERS Poses Threat in Hospitals, Yet No Panic in Saudi Arabia

After visiting Saudi Arabia, a team of experts concluded that the new Middle East coronavirus poses a great threat to patients and health workers...

Advocating a rally in gold and silver prices

Financial markets across the globe concluded the first trading week of the year deeply in the red zone. The volatility that took place will...

Half of UAE residents want to lose weight

New Research found men and women differ both in terms of what they are hoping to achieve and what they are doing to attain...

DGCX Gold Futures Rise 111%

Exchange Sets Fourth Consecutive Monthly Volumes Record in June Exchange registers 889,131 contracts in June, valued at $32.92 billion, a growth of 231% from June...

Economic uncertainties fade, data drives global markets

Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies Euro strengthens to two-week high after Spain seeks bailout fund The...

Global demand for gold jewellery up 12% in Q1 2013

The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013, shows a market driven by diverse global demand,...

Gold and silver extend gains on euro optimism

Gold and silver futures extended gains to a fourth session on Monday as market players anticipated central-bank action in both the U.S. and Europe....

China’s silver demand and supply growth to influence global markets

China Plays a Major Role in Global Silver Market Over the past two decades, China’s role in the global silver market has increased dramatically. In...

Silver sees improved demand, sideways trading

Latest data set from China suggested that demand for silver has improved. Remaining a net importer, imports fell just -3% Y-Y to 304 metric tons...

Gold futures rebound as US dollar weakens

On Monday in Asian trading hours, gold futures continue to climb. Prices gained back what they had lost over the last session. Meanwhile, the...

Gold is losing its luster

Over the past six months gold has been struggling to maintain price levels expected from market players. Therefore, most investors are wondering if it...

A Grievous Evil

"I have seen a grievous evil under the sun; wealth hoarded to the harm of its owners." – Ecclesiastes 5:13 Most people still get it. Hardly...

Middle Eastern countries gold reserves not affected by inflation hedge worries

According to Dubai International Financial Centre Authority, Middle Eastern countries should expand their gold reserves holdings. That is expected to shield their assets in...

Gold breaks 3-month rule for 1st time in 11 years

Last time gold fell for 3 months running was March 2001. And so...? Between March 2001 and April 2012, the price of gold never fell...