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Precious Metals Weekly Report by Gerhard Schubert, Emirates NBD

Precious Metals Report by Gerhard Schubert, Head of Precious Metals, Emirates NBD Save the date: The 8th Dubai-City of Gold Conference will take place on...

Gold will suffer further losses

// // Gold‘s persistent rise finally slowed significantly last week as record highs were broke on Monday and Tuesday, to hit $1913.50. However, a major...

Gold drops sharply on positive data

Gold price dropped sharply Wednesday after a surprisingly positive data released in the US. Gold futures for December delivery lost  5.1%, or $95.80, to settle...

Strong season for gold to start by month end

Last week was another astonishing week for the yellow metal, as it ended all of the five sessions on a positive note, with Thursday...

UAE’s first gold bullion coin unveiled in Dubai

In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...

Gold’s bull run may turn into a multi-month consolidation

It has been an incredible week for gold, as it climbed higher and higher on market jitters to finish the week with a light round...

Asians turn to gold to see through market turmoil

Volatile markets and fears about Eurozone debt mean many people are turning to 'safe haven' investment gold across Asia. Goldmerchants are overwhelmed by the...

Gold futures up $52, trade over $1,700 an ounce

On Monday, gold futures continued to climb through the Asian trading session. The contract was up $52.00 to $1,703.80 an ounce. During the session, it...

Silver rose 19% in a month

Silver made impressive gains last week to close at its highest level since early April, when it was soaring higher towards its record level. During...

Gold‘s uptrend to continue with slight corrections

// //   Gold continued advancing last week to reach to record highs and soared a little under $40 on Tuesday amid rising concerns...

Notable Opportunity for Silver

Silver price stalled for the second week running as it battled around the $40 mark to post a decline, breaking a run of three...

Gold may settle at around $2,400 an ounce

Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...

New precious metal boom or large correction?

// // Gold advanced further for third week in a row, but the increase is minor when compared with the gains made in the...

Is Gold ready for Correction?

The yellow metal rode the wave of macroeconomic woes last week to set a new all-time high close to $1,595 as it added...

Gold hit a record high as market sentiment buoyed up

Market sentiment buoyed up as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone. Spot gold hit a record...

Gold settles at record high of $1,562.30 an ounce

Gold futures topped a six-session winning streak with a nominal record Tuesday, defeating a shaky start with support from ongoing worries about the euro-zone...

Gold advanced impressively, Sprott bullish

Gold advanced impressively last week, spurred higher by  negative employment data from the US on Friday. In weekly terms, gold price rose nearly 3.5%, breaking...

DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion

First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion Exchange also Records Highest Ever Monthly...