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Gold prices edge up
(Arab News - 30/04/2017)

Gold rose on Friday as forecast-beating euro zone inflation data boosted the euro versus the dollar, while global stock markets retreated from Wednesday’s record highs on concerns about global trade. The euro rose toward 5-1/2 month highs as the data was

Gold steadies after slide
(Arab News - 27/04/2017)

Gold recovered from a two-week low on Wednesday as speculators locked in profit from recent losses, but some analysts expect further weakness due to easing political risks. Spot gold was flat at $1,263.30 by 1400 GMT. Earlier in the session, prices hit

Gold prices fall by more than 1%
(Arab News - 25/04/2017)

Gold fell by more than 1 percent on Monday, marking its biggest tumble in over a month, after the market’s favored French presidential candidate won the first round of the country’s election, easing concerns about a potential political shock. Centrist

Global steel demand to hit 1.5bn MT in 2017
(Trade Arabia - 23/04/2017)

Global steel demand will grow by 1.3 per cent to more than 1.5 billion metric tonne in 2017, and increase by 0.9 per cent to a little over 1.548 billion MT in 2018, said a report. China will likely see flat demand this year, followed by a two per cent

Gold’s top forecaster says prices may hit $1,350 by year-end
(Gulfnews - 20/04/2017)

Gold will end the year higher, spurred by faster inflation and political tensions in Russia, Syria and North Korea, according to Intesa Sanpaolo SpA, the best forecaster for the metal last quarter. Prices could take a V-shaped path this year, with a

Gold hits 5-month high
(Arab News - 18/04/2017)

Gold hit a five-month high on Monday as the dollar weakened with investors taking refuge in safe-haven assets in the wake of rising geopolitical tensions over North Korea. Spot gold was up 0.5 percent at $1,291 per ounce as of 0239 GMT, after hitting its

Gold Seen Climbing on Weak Dollar, Global Political Tension
(Bloomberg - 17/04/2017)

Gold will extend its rally as the dollar weakens, future U.S. interest rate increases are already priced in and equity markets decline amid mounting geopolitical risk, according to Prestige Economics LLC. “Gold is going higher here,” Jason Schenker,

Silver Close To Major Breakout; Odds Of New Bull In 2018 Increase
(Investing.com - 16/04/2017)

The price of silver is as close as it can be to a major breakout point. Silver could start a tactical bull market once it goes higher from here, and remains above $19 for three consecutive weeks. However, readers should not confuse a major breakout with

Silver Prices Break Major Resistance
(Inside Futures - 16/04/2017)

Silver futures in the May contract are up 27 cents at 18.55 an ounce trading higher for the 3rd consecutive trading session breaking major resistance as I will be recommending a bullish position if prices close above 18.50 while then placing the stop

Gold hits 5-month peak, tensions drive flight to safety
(Oman Daily Observer - 13/04/2017)

Gold climbed to a 5-month high on Wednesday after gaining nearly 2 per cent the session before, with investors shifting to safe-haven assets on rising tensions over US relations with Russia and North Korea. Spot gold had edged up 0.1 per cent to

Gold prices jump 1%
(Arab News - 12/04/2017)

Gold jumped more than 1 percent on Tuesday as investors sought assets seen as havens from risk amid mounting political and security concerns over North Korea, the Middle East and the looming French election. Spot gold was up 0.9 percent to $1,265.47 per

Gold steadies off 5-month high
(Arab News - 11/04/2017)

Gold steadied on Monday after dropping back sharply from the previous session’s five-month highs, with a firmer dollar counterbalancing concerns over geopolitical tensions in North Korea and the Middle East. Spot gold stood at $1,253.30 an ounce at 0945

Gold rises to 5-month high, gains capped by dollar
(Oman Daily Observer - 09/04/2017)

Gold hit a five-month high on Friday after US jobs data dampened expectations that the US Federal Reserve will raise interest rates, but the metal gave up most gains as the dollar rose and safe haven demand ebbed. US employers added the fewest number of

Gold prices slip from one-month high
(Arab News - 06/04/2017)

Gold slipped from one-month highs on Wednesday after failing to break technical resistance at its 200-day moving average for the third time, but the appetite for safe-haven assets ahead of a meeting of US and Chinese leaders limited its losses. Spot gold

Gold slips on profit taking, firmer dollar
(Arab News - 04/04/2017)

Gold prices fell on Monday on a firmer dollar and as investors booked profits after bullion recorded its best quarter in a year on Friday. Spot gold was 0.23 percent lower at $1,245.71 per ounce at 1057 GMT, while US gold futures were down 0.3 percent at

Copper at crossroads as supply squeeze offset by demand risk
(Gulf Times - 03/04/2017)

Copper bulls ruled the market from late October to mid-February as prices surged on rebounding Chinese demand and mine disruptions. Now, signs of oversupply are waking up the bears. When asked about price prospects for the next six months, 15 analysts

Gold set for best quarter in a year
(Arab News - 02/04/2017)

Gold was on track for a 7.8 percent quarterly rise on Friday, its best quarter in a year, as uncertainty over US President Donald Trump’s tax and investment plans and a series of elections in Europe fueled demand for bullion as a safe haven. Spot gold