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Gold holds near 3.5-month highs
(Arab News - 28/02/2017)

Gold prices held firm on Monday near 3-1/2 month highs hit in the previous session, with investors waiting for greater clarity on US President Donald Trump’s economic policy. Spot gold was little changed at $1,256.93 per ounce at 0701 GMT. The metal hit

Global gold prices drop
(Arab News - 22/02/2017)

Gold prices fell on Tuesday as renewed expectations of an increase in US interest rates next month pushed the dollar higher, although political and economic uncertainties in Europe and the US supported investor sentiment. Spot gold was down 0.3 percent

Gold firms as markets await Trump tax plans
(Arab News - 21/02/2017)

Gold firmed on Monday as the dollar softened, although moves were muted as markets awaited details on US President Donald Trump’s tax policy, and guidance on the pace of interest rate hikes from a raft of Federal Reserve (Fed) speakers this week. The

Gold steadies as global equities lose momentum
(Gulfnews - 19/02/2017)

Gold prices eased on Friday but notched a weekly gain as investors opted for the safe-haven qualities of bullion due to uncertainty about US and European politics as well as the direction of stock markets. Global equity markets lost momentum after

Gold prices edge lower
(Arab News - 16/02/2017)

Gold prices edged lower on Wednesday after US Federal Reserve chief Janet Yellen hinted at a hike in interest rates in an upcoming meeting of the central bank. Spot gold fell 0.2 percent to $1,225.96 per ounce at 0530 GMT, while US gold futures rose 0.1

Aluminium market’s parallel universes are colliding
(Gulf Times - 14/02/2017)

There was a time when the global aluminium market could be seen as two parallel universes, to borrow a phrase coined by Klaus Kleinfeld, chairman and chief executive of Alcoa. There was China. And there was the rest of the world. The great dividing wall

Gold slips as dollar gains strength
(Arab News - 14/02/2017)

Gold prices slipped on Monday as the dollar rose and equities climbed, but political and economic uncertainty in the US and in Europe due to elections is expected to continue to give underlying support for now. The spot price was down 0.4 percent at

Dubai gold prices hit record high
(Gulfnews - 08/02/2017)

Gold jewellery prices in Dubai continued to climb on Tuesday as the bullion strengthened further on huge safe-haven demand largely triggered by a series of political events in the United States. As of 12 noon, 24-karat gold was retailing at Dh149.25 per

Gold sales set to remain tight this year in UAE
(The National - 06/02/2017)

Gold sales in the UAE are expected to remain weak this year after demand plunged to a 19-year low last year amid the oil price rout, pay cuts and lower spending by tourists, according to jewellers. "This year we expect the market will continue without

Gold becomes one of investors’ favourite safe haven with Trump uncerta
(Gulfnews - 05/02/2017)

Some of Wall Street’s largest fund managers have taken a contrarian bet on gold, wagering that US President Donald Trump’s governing style and upcoming elections in Europe will combine to create more stock market volatility and boost the prices of a

Dubai gold prices rise after Trump order
(Gulf News - 01/02/2017)

The yellow metal is again gaining some ground, with retail prices in Dubai posting a nearly 5 per cent rise per gram since the beginning of the year. Gold’s rise from the December low has been due to a weak US dollar and strong safe-haven demand that