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Gold slips as investors cash in gains from UK referendum result (Arab News - 29/06/2016)

Gold fell more than 1 percent on Tuesday as buyers cashed in gains from the biggest two-day rally in the metal since late 2008, made in the wake of Britain’s shock vote to leave the European Union last week. The metal jumped to its highest in more than

Sohar Aluminium achieves new production record (Oman Daily Observer - 27/06/2016)

Sohar Aluminium, the nation’s largest non-hydrocarbon industrial venture, achieved a new production record in 2015 — one of a slew of operational improvements logged by the company last year. Aluminium production jumped from 363,528 tonnes in 2014 to

Gold rush underway in the UAE (Gulfnews - 27/06/2016)

Starting Friday afternoon, jewellery stores in the UAE and other Gulf markets recorded a marked increase in footfall as shoppers tried to stay one step ahead of further increases in gold prices. The higher footfall has obviously translated into more

Gold rush in London as dealers scramble (Arab News - 26/06/2016)

After staying up all night in London to watch the European Union referendum results, and mourning the outcome, Lauro Franzese decided to make some money. “I thought I might as well get something out of it,” the 61-year-old army veteran said as he walked

Dubai gold prices drop on weakening Brexit fears (Gulfnews - 23/06/2016)

Gold prices in Dubai dropped by as much as Dh4 per gram in less than a week as Brexit fears started to wane. As of 4.16pm, 24-karat gold was retailing at Dh153.25 per gram, down from Dh157.25 on Saturday. The price of 22K also dropped to Dh144, while 21K

Gold prices could hit $1,400, if Britain votes to exit the EU (Khaleej Times - 20/06/2016)

Gold prices, which rallied to a near two-year peak last week as investors sought the "safe-haven" commodity on fears of Brexit, could hit $1,400 if Britain votes to exit the European Union in the June 23rd referendum. "The big question remains what kind

Gold set for third week of gains (Arab News - 19/06/2016)

Gold rose on Friday, supported by a softer dollar, and was heading for a third week of gains following a cautious note from the Federal Reserve on interest rates and uncertainty ahead of Britain’s vote on European Union membership. The metal, often seen

Gold eases from six-week high ahead of Fed decision (The Gulf Today - 16/06/2016)

Gold eased from the previous session’s six-week high ahead of a Federal Reserve policy decision later on Wednesday, though concerns over an upcoming vote on Britain’s membership of the European Union underpinned prices. The metal has rallied for the

Dubai gold prices fall as dollar firms up (Gulfnews - 15/06/2016)

Gold prices in Dubai declined on Tuesday after climbing to five-week highs on safe haven demand from investors reacting to the upcoming referendum on UK’s exit from the European Union. Retailers in Dubai were trading 24-karat gold for Dh155 per dirham as

Gold rises to 4-week high before Fed meet (Khaleej Times - 14/06/2016)

Gold hit its highest since mid-May on Monday, driven higher by a retreat of the dollar and as stocks were knocked by rising risk aversion before key central bank meetings this week and a June 23 vote on whether Britain should leave the European Union.

Gold hold near 3-week high (Arab News - 12/06/2016)

Gold inched lower on Friday as the dollar recovered, though prices held near a three-week high and were on track for a second straight weekly rise. Often perceived as an insurance against risk, gold has risen nearly 2 percent this week after weaker than

Aluminum touches month high (Arab News - 09/06/2016)

Aluminum climbed to the highest levels in a month on Wednesday, bolstered by buying from industrial consumers, while copper got a boost from a weaker dollar and strong Chinese imports. Three-month aluminum on the London Metal Exchange rose 2.8 percent to

Gold slips, but holds near 2-week high (Arab News - 08/06/2016)

Gold eased on Tuesday as investors turned cautious after the metal failed to sustain a recent rally, though it held near the previous day’s two-week high after the Federal Reserve further dampened speculation about an imminent US rate rise. US Federal

China reaps first gold at Tajikistan mine (Arab News - 07/06/2016)

Tajikistan: A Chinese-run gold mine in ex-Soviet Tajikistan has produced its first gold, state media reported, highlighting Beijing’s deepening interest in the impoverished Central Asian country’s extractive sector. State television showed footage of

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