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Dubai Duty Free posts 16.6% sales increase in first half of...

Sales topped US $698 million The Dubai Duty Free has reported record first-half year sales of US$698 million, a 16.6% increase in year-on-year performance. Such...

Gold likely to remain under pressure

Gold prices declined further on weekly basis as sentiment tended more towards risk. Trades were influenced by the passing of an austerity plan in...

Crude Oil, Gold and Silver rise on weak Dollar

Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...

Gold Outlook: Neutral with a hint of bearishness

Gold is down 37.50 Dollars on the last week. The metal lost 3.8 per cent in 48 hours between FOMC on Wednesday evening and...

Gold tanked on dollar strength and crude selloff

Gold declined strongly this week following a slight rise in the week prior. Gold was doing reasonably well until Thursday and Friday where the yellow...

Gold:silver ratio widening, at around 43.4

Silver fell to close the week below the $35–the lowest weekly since the week beginning February 28 as the white metal declined more than...

Outlook for precious metals remains bullish

Head of Precious Metals at Emirates NBD addresses Dubai Gold & Jewellery Group General Assembly Emirates NBD serves as sponsor of annual event Primarily as a...

Gold may face another round of correction

Gold price bit a two-day decline as inflation in China and India accelerated and Greece’s sovereign- debt crisis degraded. Demand for precious...

Gold prices outlook turns mildly bearish

Gold prices declined last week breaking its run of weekly gains that started in the middle of May. The metal valuations it seems to have...

Strong summer ahead of gold prices

Traditionally, gold tends to take a bit of a breather during the summer season but this year might be a little different. The metal...

Gold:silver ratio stands at 42.9 and widening

Silver fell back last week, erasing most of the gains made the week before and ending down nearly 6%. This was quite a drop, despite...

Gold demand to remain strong in 2011

Gold prices had held up reasonably well amidst the overall sell off in commodities since April. A short-term break could be on the cards,...

Gold gained 0.3% for the week, Silver lost 4.4%

Gold futures climbed on Friday after a report indicated U.S. employers last month added the slightest number of jobs since September, prompting buying in...

Gold Bulls on the rise, Goldman

The proportion of Middle East based investors interested in gold appears to be increasing substantially, according to Goldman Sachs Asset Management Chairman Jim O'Neill. O’Neill,...

Gold to test brand new highs; Silver volatile

A strong rally by the end of the last week and persistent concerns about the Eurozone sovereign debt issues are expected to maintain gold...

Commodities, gold, silver rebound

Gold futures on Tuesday closed above $1,523 an ounce for the third time in a row, settling at their highest since May 3. Gold for...

Gold prices expected to return to the upside

Following a large correction two week ago, gold managed to hold relatively steady last week as it remained range-bound just below the psychological $1500...

Precious metals rally on freash concerns about inflation

Precious metals rallied on Wednesday, as worries about inflation reappeared. Investors bought into gold and silver back after a selloff earlier this week. Gold for...