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Chinese demand for gold bars climbs by half on hunt for havens
(Gulfnews - 30/07/2017)

Demand for gold bars in China, the world’s biggest bullion market, soared by more than half in the first six months of the year as investors sought a haven from financial and geopolitical risks. Sales climbed 51 per cent to 158.40 metric tonnes from a

Copper nears $6,500, its highest level in 2 years
(Gulfnews - 27/07/2017)

The red metal is red hot. Copper surged to the highest level in more than two years, lifting shares of producers including Glencore Plc, on expectations that demand in China will fuel a global shortage, with plans in the country to curb metal-rich waste

Dubai gold prices edge lower
(Gulfnews - 26/07/2017)

The bullion edged lower on early Tuesday after rising to a one-month high, offering jewellery fans in the UAE some kind of relief from high retail prices. Spot gold inched down by 0.2 per cent to $1,252.90 per ounce at 0050 GMT, according to Reuters. The

Dollar slide puts gold on track for biggest weekly rise in two month
(Gulfnews - 23/07/2017)

Gold was set for its biggest weekly gain in two months on Friday as a surging euro pushed the dollar to its weakest since June 2016, making bullion cheaper for holders of other currencies. Bond yields also fell after Mario Draghi said on Thursday the

Gold price rises to two-week high
(Arab News - 19/07/2017)

Gold prices hit a two-week high on Tuesday as the dollar fell on fading prospects of an imminent increase in US interest rates and expectations of stronger demand from the physical market. Spot gold was up 0.5 percent at $1,240.51 an ounce at 1346 GMT,

Gold up, poised for more gains on soft US rate outlook
(Arab News - 18/07/2017)

Gold climbed on Monday and was likely to see further gains after the dollar slumped to multi-month lows on the back of data that pointed to weak US inflation and less prospect of rate hikes. “The dollar continues to be on the back foot and yields have

Gold buyers flee a month after their most bullish bet of 2017
(Gulfnews - 16/07/2017)

A month ago, money managers were the most optimistic on gold this year. Now, they can’t seem to unload bullion fast enough. Hedge funds’ net-long positions, or the difference between bets on a price increase and wagers on a decline, fell last week by

Gold price falls lowest since March
(The Peninsula - 11/07/2017)

Gold prices fell for a third day yesterday to their lowest since mid-March after strong economic data in the United States and Germany bolstered expectations that central banks will raise interest rates. Gold is highly sensitive to rising rates because

Gold and currencies growth seen amid risks, uncertainty
(Saudi Gazette - 03/07/2017)

Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, witnessed a surge in Gold and currencies trading in June, which can, in part be attributed to the recent listing of additional ‘Calendar spreads’ on the

Gold heads for first monthly loss this year
(Gulfnews - 02/07/2017)

Gold eased on Friday to stay on track for its first monthly loss this year, as hints from leading central banks that the era of easy money may be coming to a close pushed bond yields higher. The metal is highly sensitive to rising yields, which lift the