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Copper prices rise to near 3-year high
(Gulf Times - 30/08/2017)

Base metals surged, with copper rallying to an almost three-year high, as investors ignored risk-off sentiment triggered by a North Korean missile test to focus on a weaker dollar and outlook for improved Chinese demand. Copper advanced as much as 2.4%

Dubai gold prices spike on weak US dollar, North Korean worries
(Gulfnews - 30/08/2017)

Gold jewellery prices in Dubai have hit their highest level this year, as the bullion rallied on weak US dollar and North Korean worries. Spot gold finally managed to breach the $1,300 level, causing precious metal prices in Dubai to shoot up on

Aluminium experts to gather in the Sultanate
(Oman Daily Observer - 30/08/2017)

Sohar Aluminium, the host of the upcoming ARABAL 2017 conference, will bring more than 60 international renowned experts from a broad spectrum of the global aluminium industry to Oman. Joining over 500 delegates and exhibitors, these experts will share

Gold climbs to one-week high after central bankers' comments
(Times of Oman - 29/08/2017)

Gold rose to its highest in more than a week on Monday as the dollar weakened and the euro powered ahead after the head of the European Central Bank (ECB) refrained from talking down the single currency at a high-profile meeting of central bankers. At

Gold shaken out of slumber by a mysterious 2 million-ounce trade
(Gulfnews - 28/08/2017)

So much for a quiet Friday in late August. After weeks of relative slumber, gold traders were rudely awoken to a surge in volume and volatility. In a span of one minute, gold futures contracts equalling more than 2 million ounces traded — about 20

Gold inches up as focus shifts to central bankers’ meeting
(Gulfnews - 24/08/2017)

Gold prices edged up on Wednesday, with investors turning to the precious metal amid political uncertainty in the United States before a major central banking conference this week. Spot gold was up 0.3 per cent to $1,287.51 an ounce at 1107 GMT, after

Dubai gold prices ease slightly as US dollar firms
(Gulfnews - 22/08/2017)

The bullion’s recent major rally proved to be short-lived, with gold jewellery prices in Dubai easing slightly on Monday as the US dollar firmed. The price of 24K stood at Dh155.50 per gram on Monday, down by .50 fils from Thursday, when the popular gold

Gold falls as North Korea tensions ease, dollar gains
(Arab News - 15/08/2017)

Gold dropped by half a percentage point on Monday, retreating from two-month highs under pressure from a strengthening dollar and a slight easing of tensions between the US and North Korea. Though North Korea’s Liberation Day celebration on Tuesday could

Gold hits nine-week high
(The National - 14/08/2017)

Gold futures extended gains to a nine-week high after a report showed US consumer prices rose less than expected, weakening the case for the Federal Reserve to raise interest rates. Bullion futures for December delivery rose 0.3 pe rcent to settle at

Alara eyes PPP with Haya Water for copper project
(Oman Daily Observer - 14/08/2017)

Australian mineral exploration firm Alara Resources says it is exploring a possible Public Private Partnership (PPP) arrangement with Haya Water, the wholly Omani government-owned national wastewater utility, to secure its water requirements for a major

Supply disruption hits Oman Aluminium's Sohar plant
(Times of Oman - 10/08/2017)

Oman Cables Industry on Wednesday said that the normal operations at Oman Aluminium Processing Industries in Sohar have been affected due to disruption in supply of liquid metal from Sohar Aluminium. This was due to an unexpected event that affected

Gold, silver jump on global cues
(Saudi Gazette - 10/08/2017)

Gold has so far responded well to last Friday's stronger-than-expected US nonfarm payrolls report. Following a renewed surge in speculative buying, it forced some profit-taking but so far key the retracement support at $1,247/oz has yet to be challenged.

Gold hovers near lows, investors wary about US rates
(Gulfnews - 08/08/2017)

Gold prices were little changed on Monday, failing to gain support from a weaker dollar as investors digested sharp losses in the previous session and worried about further US rate hikes. Spot gold was down 0.1 percent at $1,256.89 (Dh4,616.71) per ounce

Gold hits highest in nearly 7 weeks on struggling dollar
(Gulfnews - 01/08/2017)

Gold prices hit their highest in almost seven weeks on Monday, boosted by a struggling dollar and US economic data that has cast doubt on whether the Federal Reserve will raise rates again this year. Spot gold was down 0.1 per cent at $1,266.99 an ounce