Tag: Gold
Safe-haven demand for gold has diminished
Last week, gold recorded one of its largest weekly drops, as a rising dollar lured investors' appetite. The reports of hedge funds unwinding their...
Did precious metals bubble burst or to grab an opportunity?
Fresh turmoil in global financial markets led investors and traders to rush selling gold, silver and other precious metals.
Last Wednesday the U.S. Federal Reserve...
Precious metals lose ground
Commodities futures tumbled sharply on Thursday as the dollar rallied in the wake of the U.S. Federal Reserve’s bond-swap program and pessimistic economic data...
Gold prices decline on risk sentiment reversal
The past week saw second consecutive weekly decline for gold, the like of which hasn't been seen since the last two weeks of June....
Precious Metals Weekly Report
A week gone by and so many new and old challenges to be considered:
The Euro slumps to a new six month low against the...
Gold not in a bubble, but short term direction is undefined
Last week marked another weekly decline for the gold price. Fact of note is that the yellow metal posted a new record high at...
Gold turns Bearish
According to the technical charts, gold prices are approaching levels of support. From the reaction of the yellow metal at those levels, traders could...
Precious Metals Weekly Overview
Emirates NBD's Precious Metals Report is out, prepared by Gerhard Schubert, Head of Precious Metals, Emirates NBD.
The August Non-Farm-Payroll was unchanged in the U.S.,...
Market analysts split on Gold Price direction
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Last week gold has managed to recover most the losses it suffered in the week prior despite rising world stock markets. However,...
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...
Gold will suffer further losses
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Gold‘s persistent rise finally slowed significantly last week as record highs were broke on Monday and Tuesday, to hit $1913.50.
However, a major...
Gold drops sharply on positive data
Gold price dropped sharply Wednesday after a surprisingly positive data released in the US.
Gold futures for December delivery lost 5.1%, or $95.80, to settle...
Strong season for gold to start by month end
Last week was another astonishing week for the yellow metal, as it ended all of the five sessions on a positive note, with Thursday...
UAE’s first gold bullion coin unveiled in Dubai
In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...
Gold’s bull run may turn into a multi-month consolidation
It has been an incredible week for gold, as it climbed higher and higher on market jitters to finish the week with a light round...
Asians turn to gold to see through market turmoil
Volatile markets and fears about Eurozone debt mean many people are turning to 'safe haven' investment gold across Asia. Goldmerchants are overwhelmed by the...
Gold futures up $52, trade over $1,700 an ounce
On Monday, gold futures continued to climb through the Asian trading session. The contract was up $52.00 to $1,703.80 an ounce.
During the session, it...
Silver rose 19% in a month
Silver made impressive gains last week to close at its highest level since early April, when it was soaring higher towards its record level.
During...