Tags Gold

Tag: Gold

Trading activity to be driven by movement in global markets, oil...

The global markets witnessed mixed sentiments during the week on the back of concerns over global growth and disappointing earnings season. Further, ongoing trade...

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...

DGCX Records Its Highest-Ever Daily Volume

The Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, recorded its highest ever daily volume on September 27,...

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...

Gold Prices Weekly Outlook: No Big Rally, No Fall

Gold prices closed lower for ninth session in a row last Friday. Strong U.S. employment data reinforced expectations of a Federal Reserve interest rate...

DGCX Traded 1.37 Million Contracts in January, $ 33 Billion

The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion. The exchange recorded its highest...

Dubai Shopping Festival 2017 Mega Jewelry Promotion

Dubai Gold and Jewellery Group (DGJG) announced their mega jewellery promotion for the 22nd edition of Dubai Shopping Festival, which will run from December...

Win 100 gms Gold Everyday during the Dubai Shopping Festival

As part of its #100milestone celebrations this year, Kalyan Jewellers, is rewarding its customers in GCC region with the launch of its “Win 100gms...