Tag: Gold

Dubai is set to implement duty on jewelry at 5% from which will come in to effect from 1st Jan 2017. The duty imposed...

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...

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 the UAE reached US$233 million in the first half of 2016, a 155% increase compared to the same period in...

Trading volumes on the Dubai Gold & Commodities Exchange (DGCX) witnessed a new daily trading record on Tuesday, July 26, leading the Exchange to...

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 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...

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...

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

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...

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 futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...

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 will aim higher next week on the back of a renewed market volatility. Despite that the Comex February gold futures were unable to...

A gold price recovery driven by reduction in supply could start from the beginning of the second half of 2016 and it is possible...

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...

Financial markets across the globe concluded the first trading week of the year deeply in the red zone. The volatility that took place will...