Dubai Gold and Commodities Exchange reports 30 per cent year-on-year growth, with gold futures surging and trade of $47bn
gold investment
Latest in gold investment
astra tech
O Gold, botim announce new launch of UAE’s first in-app gold investment platform
The partnership, backed by an agreement signed in 2023, makes botim the first fintech in the UAE to offer gold investment solutions
Bullion Market
Gold prices cross $3,100 as US tariff uncertainty propel safe-haven flows
Gold prices have hit multiple record highs, gaining more than 18 per cent so far this year
Gold
UAE gold prices: Is it the right time to invest? Experts weigh in
Should UAE investors buy gold amid record prices and market fluctuations? Here’s what experts told Arabian Business
Fractional Ownership
UAE app introduces gold leasing and fractional ownership as alternative metal investment
UAE investors can now buy as little as 0.1g of gold as fractional ownership scheme
DMCC
Dubai gold rush forecast as UAE looks to grow $129bn trade flow
Dubai and the UAE are of global significance to changing global precious metal markets
Bullion Market
Gold prices surge to all-time high on Friday as rate cut, US election uncertainties drive investors to the safe haven asset
The current rally in gold prices comes close on the heels of gold emerging as the standout asset in Q3, 2024, appreciating by a whopping 13.8%
GCC investors
Fed rate cut impact: GCC investment managers turn bullish on gold, US equities
Gold prices hit a new high of $2.635 per ounce on Tuesday morning trading hours, gaining more than 2.2% in the last few days trading sessions post-rate cut
Commodities
Gold rush: Central banks that bought the most gold in H1 2024
Analysts suggest that gold’s appeal is likely to persist if economic instability continues
Bullion Market
UAE gold prices: Is it the right time to buy? Experts weigh in
Despite recent market volatility, gold remains a sought-after safe haven asset as experts weigh its potential in a turbulent economic landscape
Gold
Gold demand in India surges after customs duty cut in budget
Customs duty on gold and silver was cut to 6% from 15% earlier
gold investment
Invest in stocks or gold? Charting your strategy
It’s the age-old choice for investors, and the decision can still be just as challenging as ever
gold investment
Gold prices move up as rising Fed rate cut expectations boost appeal
Spot gold rose 0.1 percent at $2,388.10 per ounce in morning trading hours on Thursday
gold investment
Gold prices slide on Monday
While gold prices fell sharply from highs above $2,050 an ounce, the US dollar shot up to a near two-month high
Gold
India’s gold imports surge 26.7% to $35.95 billion in Apr-Dec
December 2023 alone, imports of the precious metal jumped by 156.5 percent to $3 billion
Gold
Gold prices surge to $2,025.99 per ounce
The firming up of gold prices is mainly attributed to the speculations on US Federal Reserve chair Jerome Powell’s remarks this week for cues on interest rate trajectory
astra tech
Astra Tech forges alliance with SAM Precious Metals and O-Gold to offer digital gold management platform
The collaboration is expected to offer unprecedented investment opportunities within the commodities market
