Gold prices fell sharply during today’s trading, with the rise of the US dollar. According to global market data, the prices of the yellow metal in spot transactions decreased by 1.15%, or the equivalent of $20.86, to $1,782.86 per ounce, by 12:58 pm UAE time. And gold futures contracts for …
Read More »$34.71 A barrel
Vienna, Austria, 10 March 2020 The price of OPEC basket of fourteen crudes stood at $34.71 a barrel on Monday, compared with $48.33 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol …
Read More »Dubai Economy: Gold and jewellery sector shows commitment to consumer protection
DUBAI, 1st March, 2020 (WAM) The gold and jewellery market, which is among the pillars of Dubai’s reputation as a global retail hub and shopping destination, continues to enjoy consumer confidence and remain a leading economic activity in the emirate. Efforts by the Commercial Compliance and Consumer Protection, CCCP, sector …
Read More »OPEC daily basket price stood at $69.62 a barrel Tuesday
VIENNA, 8th January, 2020 (WAM) The price of OPEC basket of fourteen crudes stood at US$69.62 a barrel on Tuesday, 7th January 2020, compared with $70.89 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol …
Read More »Central Bank raises gold holdings to 2.71 billion dirhams in September
Abu Dhabi 3 November 2019 The UAE Central Bank continued to strengthen its gold bullion balance of AED 2.71 billion, an increase of AED 1.6 billion and a growth of nearly 39% during the first nine months of 2019. The central bank’s balance of gold bullion reached 1.134 billion dirhams …
Read More »Gold prices stabilize today
Media In/ London 21 August 2019 Gold prices stabilized today above the 1,500-point level that was surpassed in the previous session, while investors await the minutes of the Federal Reserve meeting in July to get indicators on the future of interest rate cuts. Spot gold was down 0.2% at $ …
Read More »0.3% High gold prices today
Media In / London 8 July 2019 Gold rose today by 0.3% to $ 1403.87. Futures in the US rose 0.4% to $ 1405.80 on concerns of global economic growth rates and a reduction in central interest rate central banks Banking has.
Read More »Gold prices rise to six-year high
Media In / London June 25, 2019 Gold prices rose more than 1 percent today before losing part of their gains, but remain near a six-year high as the dollar fell to its lowest level in several months. Spot gold rose 0.4 percent to $ 1424.25 an ounce by 0550 …
Read More »Gold prices soar for first gain since January
Media In 31 May 2019 Gold prices today are heading towards their first monthly gain since January due to growing demand for the metal as a safe haven. At 0711 GMT, the spot price of gold was 0.5% higher at $ 1294.72 per ounce (the ship) and the price has …
Read More »Gold prices fell to a one-week low
Media In / Agencies October 9, Gold prices fell to their lowest level in a week, accompanied by investors’ appetite for the dollar as a safe investment due to concerns about a sell-off in global equities. Spot gold fell to its highest one-day loss since August 15, 1.4% to $ …
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