Dubai Multi Commodities Centre says refinery and storage facility will be the first in the GCC to be enabled by blockchain
precious metal
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.
Coronavirus Pandemic
Video: What’s behind gold prices in the pandemic?
The Federal Reserve has established close to a zero-interest environment which should keep upward pressure on gold prices.
commodity trader
Market alert: Silver prices rally back to life
The trigger for precious metal’s price rally is very hard to pinpoint
Emirates Authority for Standardisation and Metrology
UAE jewellery shops cut prices as gold drops, US dollar strengthens
Consumers can enjoy lowest prices of gold jewellery in weeks
18 karat gold
24k gold surges in GCC online search queries
Searches for the precious commodity have risen sharply since April 2018
Dubai
Dubai gold prices continue to fall on Monday
Gold prices may climb back to $1,300 by December, according to ICBC Standard Bank
gold prices
Gold prices may hit $1,300 by end of year, ICBC says
Bullion is set to average $1,260 an ounce in the third quarter and rise further in the following three months as interest rate increases are priced in and physical demand emerges