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Oil price extends losses

Oil price extended losses on Tuesday, as the dollar benefited from ongoing worries about European sovereign-debt issues and concerns about U.S. growth and oil...

Folli Follie launches new ‘Reflections Collection’ in UAE

Folli Follie, the top fashion brand well known for its trendy jewellery, watches and accessories, has recently launched the new ‘Reflections Collection’ in the...

Gold demand strong; predicted prices around $2000

Gold temporarily succeeded to recover some of the losses from the sizeable sell-off in early May, but fell back late Friday to end the...

Gold, silver, crude oil turning bearish

Gold and silver futures slumped Wednesday as the euro weakened, prompting a rally for the US dollar. Euro dropped to a three-week low against...

Precious metals rebound; Silver up nearly 5%

Precious metals recovered on Monday morning, after commodities’ plunge last week. Silver futures advanced nearly 5% and gold topped $1,500 an ounce, as investors...

Correction in gold and silver went too far

Silver hit a string of 31-year highs for most of the year, but the rally ended abruptly last week, when repeat margin-requirement increases squeezed...

Gold spot price at $1,515

Gold price climbed to a record high in Asia today, in a seventh consecutive session of gains. Spot bullion prices rose $10.70 to $1,515.40...

Gold and silver into a record territory

Gold and silver pushed further into record territory Friday as renewed fears of inflation spurred investment demand for the safe-haven assets. Gold futures closed at...

Gold at record high

Gold futures notched a record high Tuesday as investors worried about a potential government shutdown and the ongoing fighting in Libya, and doubted that...

Investment in gold is timeless

Gold is perhaps the world’s most liquid investment trading throughout the world daily. The market never closes and you can buy and sell  the...

Oil may climb to $140, gold to $1,500 an ounce

Francisco Blanch, global head of commodities research at Bank of America-Merrill Lynch, talks to Bloomberg about the outlook for gold and oil prices. In...

DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts

February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...

Gold and silver at record heigh

Gold futures settled at a record high Tuesday, driven by concerns about the civil unrest in North Africa and parts of the Middle East,...

EUR Dives from Investor Pessimism

The euro's downturn against its rivals yesterday was brought on at the start of this week's trading by reduced optimism regarding the EU rescue...

Gold reaffirmed itself as a legitimate investment class

Gold closed lower again last week following a large decline the week before, although longer term safe haven demand continues to effect gold buying...

US Dollar gains from reduction in US federal deficit

A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...

Gold, silver, palladium and platinum rallied as European Concern spurs Haven...

Gold, silver, palladium and platinum rallied from the biggest weekly drop since May as concerns that Europe’s sovereign-debt crisis may worsen spurred demand for...