Tag: Gold
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...
Oil & Gold in the Investor’s Spotlight in 2022
Not only commodities markets but also the derived financial and capital markets are undergoing a wave of revived interest by both long-term investors and...
The World’s Biggest Gold Mines
The economic carnage brought about by the Covid-19 pandemic has led to investors hedging against the ongoing volatility and that has driven the price...
DGCX Gold Futures Trading Volumes Increase
As the COVID-19 pandemic causes volatile swings in markets across the globe, investors are making increasing use of the Dubai Gold & Commodities Exchange...
The Impact of Corona on GCC and The Global Economy
The GCC economy depends heavily on revenues from the sale of oil and its derivatives on the world market. Complicating the situation, the GCC...
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...
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...