The prices were driven higher by central banks’ continued buying of gold to add to their reserves. In the UAE, the 24K variant of the precious metal was trading at Dh289.5 per gram, while 22K ...
0106 GMT — UBS now expects the gold price to end this year at $2,400/oz, up from $2,200/oz, as investors fear missing out on the precious metal’s rally. The bank thinks gold could trading as ...
The People's Bank of China, or PBOC, has been snapping up gold for 17 straight months, with its holdings of the precious metal rising 16% over this period, according to a report from the ...
However, another metal is doing just as well and could surely climb even higher—and that’s silver. Silver has been rising for many of the same reasons as gold. Geopolitical tensions create ...
Similarly, the precious metal market seems to be very emotional and without any logic, but when you look closely, you will discover important forces in action. What are they? Our research has shown ...
to 7680.6 at about 11.50am AEST despite pressure on commodity prices including oil and gold as investors exited their haven bets. Focus on Wall Street has shifted back to corporate earnings.Credit ...
A positive lead from Wall Street ... fell 0.3 per cent as shares in gold miners slumped on the back of a continued slide in the price of bullion. The yellow metal fell more than 2.7 per cent ...
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