Tag: Precious Metals
10 Major Mining Companies Produced Over 900 Tons of Gold in...
As global economic uncertainty continues to rise, the demand for gold as a safe haven investment and commodity has also increased, driving up its...
First Blockchain-enabled Precious Metals Refinery to Open in Dubai
DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the signing of a sale and...
DGCX Records Best Ever Month in its 14-Year History
The Dubai Gold and Commodities Exchange (DGCX) has registered its best ever month in its 14-year history, recording volumes of 2.382 million lots valued...
Gold Demand Trends; Highest Central Bank Buying in 50 Years
Annual gold demand gained 4% on highest central bank buying in 50 years
Gold demand in 2018 reached 4,345.1t, up from 4,159.9t in 2017 and...
Gold Demand in 2018 Gets off to Quiet Start as Investment...
Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a...
Diamond and Gold Trade Exempted from VAT as Demand Halves
The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals, meaning that...
Gold Prices To Remain Range-bound on US Dollar’s Bounce
Gold price retreated by the end of the last week since it settled on Tuesday at $1,279.40. Its highest level since June 8. It...
Gold’s Slump May Continue Next Week
Gold prices dropped to their lowest finish in about four months last Friday concluding the week in a loss.
August gold lost $13.60, or 1.1%,...
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...
Gold Prices in Recovery Mode
Gold prices climbed for a third session in a row last Friday. This rise on the back of declining U.S. dollar and recent weakness...
Investors Won’t Chase Gold Markets Next Week
Gold markets broke out to the upside past week. As of now, the market looks bullish and traders expect gold prices to reach towards...
Physical Gold Demand Hit 7-Year Low in 2016
After three years of losses, gold prices rebounded in 2016. As a result physical gold demand dropped 20 percent, its lowest since 2009, according...
Gold prices rally poised for a slowdown in the months ahead
Gold futures on Friday suffered their largest daily decline in two weeks, paring their gain for the latest week as the guesswork around the...
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
Kaloti Precious Metals see off tough competition to win Bullion Dealer...
Consumer Power Sees Dubai Bullion Company Scoop International Award
After a three-month open public vote in which over 22,000 votes were cast across 5 countries,...
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 Continues Sliding, Hits 5-Year Low
Gold prices continued falling on Monday, hitting a more than five-year low. Though prices partially rebounded from a sharp selloff in the early Asian...
Investors View Gold as Opportunistic Short-term Investment in Specific Markets
During the first three months of 2015, commodity net inflows reached roughly $7 billion, strongest level in 2.5 years, but Barclays’ analysts doubt the...