Tag: Gold
Dubai to implement duty on jewelry from 1st Jan 2017
Dubai is set to implement duty on jewelry at 5% from which will come in to effect from 1st Jan 2017. The duty imposed...
DGCX wins Exchange of the Year Award 2016
The Exchange continued its growth trend with an average open interest reaching a high of over 460,155 lots valuing an average of US$ 7.61...
Gold Prices: Flat, Higher or Sideways
Last Friday, gold futures extended their losing streak to a sixth straight session and posted nearly 5% loss for the week. That was the...
Peruvian gold exports to UAE grew by 155% in H1 2016
Peruvian gold exports to the UAE reached US$233 million in the first half of 2016, a 155% increase compared to the same period in...
Gold Trading Sets Record in Dubai
Trading volumes on the Dubai Gold & Commodities Exchange (DGCX) witnessed a new daily trading record on Tuesday, July 26, leading the Exchange to...
It’s time to buy gold
If you have not yet jumped on the wagon, it is about time. The next stop we are looking for is around $1,400 an...
Gold tops $1300 after Fed meeting
Gold has topped $1,300 an ounce after the US Federal Reserve scaled back its outlook for interest-rate increases and Janet Yellen signaled rates may...
See The 24K Gold iPhone 6 and Gold iPad Made for...
Burj Al Arab is dubbed for a reason "A Seven Star" hotel, although seven star class doesn't yet exist in hotel classifications. The reason...
Gold have peaked while silver has room for more gains
Silver, often referred to as “poor man's gold", could rise to $20 an ounce in the foreseeable future if the gold/silver ratio continues to fall
Risk appetite on the rise; Gold to lose luster temporarily
Gold prices are set for a retreat in the week ahead, as investors and traders demonstrate more confidence in placing bets on riskier assets....
The greenback’s bull market is over and that is good for...
Gold traders will be watching the U.S. dollar and some important technical-chart levels in the week ahead to gauge where the yellow metal is...
Shine bright like gold – 16% up in the first quarter...
Gold futures advanced on Thursday, on track to mark their best quarterly performance since 1986. June gold gained $8.20, or 0.7%, to $1,236.80, after a...
Gold on track for biggest monthly gain since 2002
Gold futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...
Outflows rise in equities; Record influxes into gold funds
According to a new paper by Bank of America Merrill Lynch, volatility seems to be taking its toll on risk assets flows. “Outflows continued...
Gold prices poised to strengthen in the week ahead
Gold prices will aim higher next week on the back of a renewed market volatility.
Despite that the Comex February gold futures were unable to...
Gold price recovery to be driven by reduction in supply, appetite...
A gold price recovery driven by reduction in supply could start from the beginning of the second half of 2016 and it is possible...
Barclays cuts 2016 gold and silver price forecasts, but safe haven...
In its latest forecast, Barclays has pegged average gold prices at $1100/oz for 2016 (compared to previous forecast of $1,150/oz), $1200/oz for 2017.
"Overall, while...
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...