#gold

Gold - Renewed strength in the greenback has now seen bullion tumble more than 20 per cent since a March peak.

Gold tracks down after hitting record high

Gold has gained nearly 22 per cent so far this year with geopolitical tensions and uncertainty created by the upcoming US elections

Gold Price, Commodities Investment

Gold trades near historic $2,500 mark on US Fed rate-cut optimism

Enthusiasm over a likely interest rate cut by the US Federal Reserve in September propelled bullion to an all-time high of $2,509.65 on August 16

Gold

Saudi Arabia moves to tap its mineral reserves, invites bids for gold and copper mines

Saudi Arabia plans to award more than 30 additional mining exploration licences to foreign investors in 2024

mining Ma'aden

Saudi mining firm Ma’aden’s profits surge 160% in first half of 2024

Rise in aluminium and gold sales volume boost Saudi mining giant’s earnings

UAE suspends 32 gold refineries for AML/CTF lapses

UAE temporarily suspends 32 gold refineries for AML/CTF lapses

The ministry of finance said its inspections of the refineries uncovered 256 violations, eight for each refinery

Gold

Gold’s run to record high may crimp demand: Insight

The combination of bearish and bullish factors for gold may end up having the effect of keeping the price in a relatively narrow range for the rest of the year

Gold

Gold clings to record high on growing US rate-cut bets

Over the next six to 12 months, Citi expects gold to rise $2,700-$3,000 per ounce and silver to climb $38 per ounce

Global central banks to increase gold reserves

More central banks to increase gold reserves within 12 months, survey finds

Demand for gold from central banks has been elevated in the last two years as some countries diversify their foreign currency reserves

oil

Gold, oil up by 1% as US Fed interest rate decision draws near

While oil prices rose over 1 per cent on Monday in muted trade, gold hit a record high of $2,449.89 last week, but has shed more than $100 since then

Gold

Gold set for first weekly fall as US rate cut bets retreat

Traders’ bets signalled growing doubts that the Fed will cut rates more than once in 2024

Gold

Gold price drifts higher as inflation remains hot

Spot gold was up 0.6 per cent at $2,345.56 per ounce, in early trade on Thursday

Gold

Gold shatters record highs, heads for third straight weekly gain

US gold futures settled 1.6 per cent higher to $2,345.4

Gold bars

Gold continues record rally after US Fed comments

Bullion has hit record highs in each session for over a week over data from the US economy

Gold

Gold regains its allure with record high prices on safe-haven demand

Gold logged its best month since July 2020, at a 9 per cent increase, and a second straight quarterly rise

Gold

Gold rally hits pause ahead of US inflation data

Gold set a record peak of $2,194.99 for the fourth straight day on Friday after data signalled a cooling US labour market

israel crisis puts investors on edge

Israel crisis: Global investors on edge

Some investors also expect a widening crisis could prompt safe-haven buying of Treasuries

israel gaza crisis global financial markets

Global market reaction to a week of the Israel-Gaza crisis

Oil and gas markets have been where the nervousness has been most evident due to fears that Israel could become bigger

Gold set for second weekly gain on weak dollar

Spot gold was up 0.1 per cent at $2,042.01 per ounce, as of 5.34am GMT

Gold and silver

Dubai to launch new gold and silver coins

The coins will be made available for purchase after Ramadan

Gold

Gold steady as traders wait for Fed chair to take center stage

Spot gold was little changed at $1,845.34 an ounce as of 8:52 a.m. in Singapore, after falling 0.5 per cent on Monday

DGCX 2022_performance_photo courtesy DGCX

Dubai’s DGCX sees 16% rise in volume of trades in 2022, total value touches $162bn

The exchange reported a 78 per cent increase in the volume of gold contracts traded on the exchange compared to previous year

Gold

Gold climbs to four-month high as reopening bets weaken dollar

Gold tends to have a negative correlation with the dollar and rates as it does not bear interest and is priced in the US currency

gold

Gold treads water as traders cautiously await US inflation data

Spot gold was little changed at $1,674.62 an ounce as of 7.48am in Singapore

Gold steady after US inflation spurs biggest drop in two months

Bullion ended 1.3 per cent lower on Tuesday after the consumer-price index figures were released

Gold bars

Gold flat ahead of inflation with more big rate hikes looming

Bullion has mainly fluctuated between $1,700 an ounce and $1,720 in September after several months of declines

Dubai Duty Free

Dubai Duty Free records over $1bn in sales for first eight months of 2022

Online sales reached $29m, accounting for 3 per cent of total sales from January through August

Gold

Gold steadies as Europe’s energy woes see greenback strengthen

Central banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold

Gold

Gold edges higher as greenback wavers amid hawkish rates stance

Bullion ended Monday little changed after tumbling to the lowest level in a month

gold

Gold holds drop as Powell says rates likely to stay elevated

Bullion is heading for a fifth monthly decline, the longest such stretch in four years