#gold

Gold near eight-week high as Covid angst fires up haven demand

Spot gold added as much as 0.1 per cent to $1,945.67 an ounce, the highest since November 9

Gold heads for best close in six weeks

Bullion is set to post the first monthly gain since July after a run of losses prompted by the development of effective coronavirus vaccines

Gold’s big question: Can the bull market outlive a pandemic?

Gold suffered its second-biggest drop in seven years on the day that Pfizer announced early results showing its vaccine was 90 per cent effective

Industry outlook: How has the wealth management space fared in the GCC?

Similar to wealth, wealth management has gone through layers of evolution to become a specialised investment advisory service

oil-big7

US elections: Gold drops, oil rises as results show tight race

Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome

USA flag and contemporary glass skyscrapers in New York

How the outcome of the US elections could affect the global stock market

The 2020 elections will show what matters the most to American voters: the stock market performance, or the real economy

Key question: Is gold’s rally far from over?

Gold has had a solid run higher throughout 2020

Gold barrels past $2,000 with stage set for prices to rally more

Bullion is up more than 30 per cent this year, and could extend gains as governments and central banks respond to slowing growth with vast amounts of stimulus

Zainab Invesco

Video: Where are Middle East sovereigns investing?

Fixed income and gold have emerged as attractive asset classes for regional sovereigns, finds the Invesco Global Sovereign Asset Management study

Bitcoin crashes spectacularly after hitting multi-year high of $12,000

More than $1bn in positions liquidated as bitcoin crashes by $1.4k in minutes

What are the global trends that are shaping the investment landscape?

Yves Bonzon, group chief investment officer of Swiss wealth manager Bank Julius Baer, shares his views on the world economy, investor sentiments, and emerging trends for the future

Maaden phosphate unit signs $4.1bn finance deal

Maaden Waad Al Shamal Phosphate Co. will refinance $2.3bn owed to a syndicate of commercial banks and financial institutions

Gold climbs to seven-year high as Fed warns on US economic growth

Bullion has surged 16 per cent this year as the spread of the virus curbed economic growth

Dubai’s Damas Jewellery appoints new chairman and CEO

Perramond replaces Damas’ first female CEO, Asil Attar, who was appointed to the role in February last year

Gold Holds Slight Gains, But Firm US Dollar Weighs

Investors were now waiting for the US payrolls report and the US elections.

The World’s Top Gold Exporters

While Hong Kong leads the list, the UAE features among the top fifteen countries, according to UN statistics.

Gold Hovers Near Six-Month High, Awaits Fed Meeting

The Fed is expected to launch another round of quantitative easing during a two-day meet starting today.

Gold Drops As Investors Await Central Banks Meeting

The precious metal rose to $1,676.45 an ounce on Monday, it’s highest in over four months.

Gold Hits Highest Since Early May

Gold rose above $1,660 an ounce on signs that the US Federal Reserve is likely to launch monetary stimulus soon.