web analytics

Strong Oil Prices Expected to Have a Positive Effect on Trading...

For the second week in a row, tech companies powered US markets’ with APPLE’s stellar earnings driving the markets to another set of all-time...

A mini bull run for gold?

Gold prices advanced on Monday in electronic trading, moving above last week’s highs as the equity market continued to wobble. A mini bull run...

Advocating a rally in gold and silver prices

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

Gold prices broadly expected to weaken next week, but…

Gold prices are expected to weaken in the coming week. This belief is mainly driven by investors concerns about what action the U.S. Federal...

Precious metals off to big start in 2014

Gold had its biggest day in three weeks on Thursday, up 1.8% to $1,224 per ounce. Silver was also higher by 3.3%, with optimism...

Dubai’s Gold Souk Suffers Lack of Demand

Shopkeepers in Dubai's Gold Souq say sales are declining because tourists from Saudi and Russia have less cash to spend. But experts reveal harsher...

Friday’s Sell-off Doesn’t Spell Good News For Gold

December gold futures fell 3.19% last Friday, settling at $1,332.50 an ounce on the Comex division of the New York Mercantile Exchange. Futures prices...

Top 10 Diamond Mining Companies for 2012

1. Russia: Mirna Mine Mirna Mine is the largest diamond deposit in Russia and one of the largest in the world. The mine is one...

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

Gold Trading Sets Record in Dubai

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

News about physical shortage drive silver price higher

Last week, silver finished at 31.185 per once. In general, precious metals dipped while industrial metals climbed. Silver prices are up over 3% month...

Gold prices seen higher in the weeks ahead

Gold prices are expected to rise in the coming weeks building strength on the previous weeks' gains. On Friday, the yellow metal tallied a five-week...

Risk appetite on the rise; Gold to lose luster temporarily

Gold prices are set for a retreat in the week ahead, as investors and traders demonstrate more confidence in placing bets on riskier assets....

Top 10 Silver Mining Companies

Dubai Chronicle's team conducted a research to determine the top silver mining companies. The provided data gives accurate information about the 2011 output of...

Gold Advances Aggressively on Unchanged QE Policy

Gold futures pushed higher in early electronic trade on Thursday. The Federal Reserve’s surprise move on Wednesday promising to keep the cash flowing into...

Summer Fun for Precious Metals Investors

The long term needn't look quite so far off for bullion buyers right now... PUT ASIDE the rise in US interest rates, GDP and Fed...

Precious metals lose luster for investors

The holdings of gold in ETF`s are now reportedly at levels last seen in early 2008. Gold: $1448.00 - down $22.50 from last week The price...

Silver price on the verge of breakout

Last Friday, July silver closed down 1 cent, or 0.05% at $22.50 an ounce. Prices saw a 0.6% gain on the week. Many traders...