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Gold market surplus shrinks as fund inflows offset weak Asian buying (Gulfnews - 27/07/2016)

A surge in Western gold investment helped offset sliding Asian demand in the second quarter, GFMS analysts said on Tuesday, as they hiked their gold price forecast for the year in response to jitters over the economic outlook. In the Q2 update of its

Gold falls as dollar advances; all eyes on Fed rate hike (The Gulf Today - 26/07/2016)

Gold headed for the third decline in four sessions amid rising speculation that the Federal Reserve will raise US interest rates this year. Fed policy makers meet Tuesday and Wednesday. Signs of strength in the US economy have prompted traders to

Gold, silver losing sheen as economic outlook brightens (Gulfnews - 24/07/2016)

Fatigue is setting in on gold and silver. Amid the current environment of rising interest rates, and as economic sentiment looks rosy, UBS and other fund managers expect gold prices to consolidate or fall moderately over the next 12 months. “In the

Market analysis: Gold retains status as safest asset (The National - 20/07/2016)

Since the start of this month and in the aftermath of the Brexit vote, the markets have been largely range bound. The British pound went through a brief renaissance in large part because the Bank of England (BoE) held benchmark interest rates unchanged

Gold falls on risk appetite (The Gulf Today - 19/07/2016)

Gold fell as much as one percent on Monday as European equities rose and investor jitters calmed following a failed coup attempt in Turkey. Spot gold fell earlier to a session low of $1,323.43 an ounce and was down 0.5 percent at $1,331.12 by 1444 GMT.

Gold down to $1.327 as US dollar rises (Arab Times - 18/07/2016)

Global gold prices have been down by $29 to $ 1.327 per ounce, for the first time in six weeks due to the rise of the US dollar, a report said on Sunday. The US dollar was up following positive data on the US stocks and the profits realized by the US

Gold to hit $1,500 in 2016; $5,000 in 2020: Analysts (Khaleej Times - 14/07/2016)

Amid dismal global growth outlook, bullish sentiment for the gold remains intact with precious metal experts predicting that the yellow metal would rise 10 per cent short-term as they expect it to close in on $1,500 per troy ounce by end of this year,

Gold price up to $1,375 per ounce (Kuwait Times - 12/07/2016)

Gold prices went up for the sixth week in a row, hitting $1,375 per ounce during last week’s trading, Sabaek Al-Kuwait Company said yesterday. Gold prices are even expected to edge up to $1,400 per ounce in the coming few weeks, buoyed by the current

Gold price edges lower; firmer dollar, equities weigh (Bullion Desk - 11/07/2016)

Gold prices fell on Monday morning in London while the dollar firmed and equity markets rebounded after a robust US jobs report last week, market participants said. – The spot gold price was last at $1,358.15/1,358.55 per ounce, down $7.75 on the

Gold eases ahead of US jobs data; eyes sixth weekly gain (Daily Times - 10/07/2016)

Gold edged down on Friday as investors turned cautious ahead of US jobs data later in the day, but the precious metal remained on course for a sixth consecutive weekly gain. Spot gold was trading down 0.3 percent at $1,356.41 an ounce by 0656 GMT.

Silver dealer plays it safe (Strait Times - 10/07/2016)

Entrepreneur Gregor Gregersen has lived all over the world after leaving his native Germany, including in Italy, England and the United States, but he now calls Singapore home, thanks to inspiration from former prime minister Lee Kuan Yew. Mr Gregersen,

Gold lights up UAE non-oil trade in Q1 (Khaleej Times - 10/07/2016)

Gold and jewellery dominated UAE imports in the first quarter of 2016 with Dh24.5 billion or 15 per cent of total non-oil imports into the country. With a share of seven per cent or Dh11.9 billion, cars ranked second followed by diamonds with Dh10.5

Gold slips as jobs data support dollar (Arab News - 08/07/2016)

Gold slipped on Thursday as US jobs data supported the dollar, after rallying to its highest level since March 2014 a day earlier on the back of concerns about Britain’s vote to leave the European Union. Financial markets have been extremely volatile

Brexit Bull Run Leaves UBS With ‘Conundrum’ on Gold Mining Value (Bloomberg - 07/07/2016)

The boom in gold and silver after the U.K.’s shock vote to quit the European Union has driven even bigger gains in the share prices of miners of the metals. That’s left UBS Group AG, the bank that sees gold in the early stages of its next bull run, with

Tharisa sets out its stall as a low-cost platinum and chrome producer (Proactive Investors - 07/07/2016)

It’s now one month since Tharisa PLC (LON:THS) listed on the main board of the London Stock Exchange. With a market capitalisation on debut of around £95 mln, this was the largest miner to list on any market in London in over five years. And its arrival

Silver in Surprising Rally ( Alpari - 07/07/2016)

Gold’s little brother is upstaging his sibling post-Brexit, to the surprise of some analysts. Since the political and economic fallout of Britain’s withdrawal from the European Union, investors have been flocking to traditional safe havens such as the

Gold pushes back toward 2-year high (Arab News - 05/07/2016)

Gold price rose on Monday. Spot gold was up 0.7 percent at $1,351.76 an ounce at 1345 GMT, while US gold futures for August delivery were up 1.2 percent at $1,355.30. Silver also benefited from a surge of buying in China which at one point took it up

Gold remains strong over week – Oil shrugs off Brexit slump (Arab Times - 03/07/2016)

Oil approached the end of the week down slightly on a midweek rally but still well ahead of its lowest point after Britain’s shock vote to leave the European Union. North Sea Brent crude recovered from a Monday low of $47.16 to hit $49.68 by Friday. And

Gold set for best month since February (The Gulf Today - 01/07/2016)

Gold edged down on Thursday as the wider markets showed signs of stabilising, but the metal remained on track for its biggest monthly rise since February in the wake of last week’s vote on Britain’s membership of the European Union. Shares, bonds and

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