Tag: Gold
Gold‘s uptrend to continue with slight corrections
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Gold continued advancing last week to reach to record highs and soared a little under $40 on Tuesday amid rising concerns...
Notable Opportunity for Silver
Silver price stalled for the second week running as it battled around the $40 mark to post a decline, breaking a run of three...
Gold may settle at around $2,400 an ounce
Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...
New precious metal boom or large correction?
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Gold advanced further for third week in a row, but the increase is minor when compared with the gains made in the...
Is Gold ready for Correction?
The yellow metal rode the wave of macroeconomic woes last week to set a new all-time high close to $1,595 as it added...
Gold hit a record high as market sentiment buoyed up
Market sentiment buoyed up as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone.
Spot gold hit a record...
Gold settles at record high of $1,562.30 an ounce
Gold futures topped a six-session winning streak with a nominal record Tuesday, defeating a shaky start with support from ongoing worries about the euro-zone...
Gold advanced impressively, Sprott bullish
Gold advanced impressively last week, spurred higher by negative employment data from the US on Friday.
In weekly terms, gold price rose nearly 3.5%, breaking...
DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion
First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion
Exchange also Records Highest Ever Monthly...
Dubai Duty Free posts 16.6% sales increase in first half of...
Sales topped US $698 million
The Dubai Duty Free has reported record first-half year sales of US$698 million, a 16.6% increase in year-on-year performance. Such...
Gold likely to remain under pressure
Gold prices declined further on weekly basis as sentiment tended more towards risk. Trades were influenced by the passing of an austerity plan in...
Crude Oil, Gold and Silver rise on weak Dollar
Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...
Gold Outlook: Neutral with a hint of bearishness
Gold is down 37.50 Dollars on the last week. The metal lost 3.8 per cent in 48 hours between FOMC on Wednesday evening and...
Gold tanked on dollar strength and crude selloff
Gold declined strongly this week following a slight rise in the week prior.
Gold was doing reasonably well until Thursday and Friday where the yellow...
Gold:silver ratio widening, at around 43.4
Silver fell to close the week below the $35–the lowest weekly since the week beginning February 28 as the white metal declined more than...
Outlook for precious metals remains bullish
Head of Precious Metals at Emirates NBD addresses Dubai Gold & Jewellery Group General Assembly
Emirates NBD serves as sponsor of annual event
Primarily as a...
Gold may face another round of correction
Gold price bit a two-day decline as inflation in China and India accelerated and Greece’s sovereign- debt crisis degraded. Demand for precious...
Gold prices outlook turns mildly bearish
Gold prices declined last week breaking its run of weekly gains that started in the middle of May.
The metal valuations it seems to have...