Should UAE investors buy gold amid record prices and market fluctuations? Here’s what experts told Arabian Business
Gold outlook
Latest in Gold outlook
European Central Bank
Gold hits record highs on ECB rate cut, US Fed easing optimism grows
The ECB’s decision to implement its second rate cut in three months has fueled investor optimism about declining global interest rates
commodity trading
Gold remains an integral asset in a diversified portfolio
Gold was one of the best performing major assets in 2020, breaking through $2,000 an ounce for the first time in history in August and returning 25.1 percent for the year, the highest return in a decade
Gold demand
Gold near eight-week high as coronavirus angst fires up haven demand
Surge has been supported by lower US real yields, a weaker dollar, and slumping equities
gold and jewellery trading
Video: Indians are not rushing to buy gold and here’s why
Kishore Narne from Motilal Oswal explains that people will take some time to accept the “all-time high” prices for the precious metal.
