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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...

Optimistic Forecast: UBS Sees Gold Price Averaging $1,350 in 2017

Swiss bank UBS forecasts gold price to average $1,350 an ounce in 2017, characterizing the metal as “down but not out” after significant declines...

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 Prices: Flat, Higher or Sideways

Last Friday, gold futures extended their losing streak to a sixth straight session and posted nearly 5% loss for the week. That was the...

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...

Industrial Commodities Prices to Surge in 2017

Tight supply, strong demand boosts energy, metals prices The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017,...

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%,...

Soaring Demand Drives Gold-Backed Cryptocurrency Listing

A gold-backed digital asset has been added to a financial advisory and fintech organisation’s cryptocurrency app. deVere Group added Pax Gold (PAXG) to deVere Crypto...

Peruvian gold exports to UAE grew by 155% in H1 2016

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...

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 tops $1300 after Fed meeting

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...

DMCC Unveils New Dubai Diamond Exchange – The Largest Diamond Trading...

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today unveiled the redesigned and upgraded...

It’s time to buy gold

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 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...

The greenback’s bull market is over and that is good for...

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 Prices Sensitive to Interest Rates

Gold prices remained steady in the early trading hours on Monday as the dollar eased and Asian stocks firmed, with the metal holding near...

BofA sees gold prices to average $1294 in 2014

Bank of America Merrill Lynch expected that the gold prices to average $1294 an ounce next year. The bank forecast that gold will average $1,294...

Gold’s allure intensifies as equities, oil prices turn lower; High demand...

The demand for gold has significantly increased in recent weeks. Sales are driven by the concern of many investors of impending turmoil in the...