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The reasons for the decline in gold prices in the global stock market by 45 dollars.. Get to know them

Gold prices fell globally from the level of 1955 to 1910 dollars, after sharp selling operations as traders absorbed the statements of raising interest rates from global central banks, coinciding with the rise of the dollar yesterday, which kept the metal on track for its first weekly decline in seven weeks, according to a report by gold Bullion.

Gold prices declined to trade around the level of $1910 an ounce, with a decline estimated at 0.03% at the time of writing this report, after gold lost 2% yesterday, Thursday, due to profit taking, and gold fell by 0.4% so far this week. And with gold prices providing an excellent performance, up more than 20% over the past three months, some profit-taking was likely in the near term, but for gold prices, there could be a greater conviction for sellers is a drop below the $1895 level, according to the report.

Gold prices have gained around $300 since November due to expectations of a less aggressive interest rate hike by the US Federal Reserve, as the low interest rate environment reduces the opportunity cost of holding non-yielding gold. After the Federal Reserve raised interest rates by 25 basis points, the European Central Bank and the Bank of England each raised interest rates by 50 basis points as expected on Thursday. Meanwhile, the US dollar is down 0.1% at the time of writing, on the data front, investors are now awaiting the US monthly non-farm payrolls due later in the day, unemployment and the wage change.

February 4, 2023
Dubai gold prices at the highest level in six months

In Dubai, the city of gold, Gold prices in the UAE for Gram 24-carat DH 155, gram 22 carat DH 147, Gram- 21 carat DH 139.12 and settled gram 18 carat DH 119.50.

According to Reuters, the spot price of gold rose to $ 1255.37 after reaching $ 1258.03 in the previous session when it hit its highest level since July 10.

Gold jumped 1 per cent yesterday, buoyed by the dollar’s decline and global stock crashing as the Federal Reserve (Fed) eased hopes for a lighter approach to the rate hike.

US gold futures rose 0.2 per cent to $ 1258.80 an ounce.
“The weakness of the dollar is the main reason for what we see from the rise in gold,” said Carsten Minke, an analyst at Julius Baer, a move that includes all precious metals, suggesting that the dollar is mainly from the dollar.

He added that weak performance in stock markets increases demand for gold as a safe haven as well.
Global equity markets plunged after the Federal Reserve disappointed investors with Amel’s forecast for monetary easing, sending the dollar index down to a 10-year low, adding to the lure of gold to non-US investors.

Palladium rose 0.5 percent in spot trade to $ 1266.26 an ounce after hitting a record high of $ 1283.49 in the previous session.
Silver rose 0.7 per cent to $ 14.70 an ounce and platinum also rose 0.8 per cent to $ 792 an ounce.

The dollar fell to a 10-day low against rivals on Friday as concerns about the United States were in the throes of a sharp economic slowdown next year despite the Federal Reserve raising its benchmark interest rate for the fourth time this year.
Although US policymakers say they may raise interest rates three times by early 2020, the yield curve on US bonds, widely seen as an indicator of future economic recession, has stabilized at 10 basis points and slightly above its 11-year low. Earlier this month.

The dollar index fell 0.4 per cent to 96.68, close to the 9-day low of 96.554 recorded in the previous session.

The yen rose 0.5 percent to 111.92 yen per dollar and headed towards the fifth day of gains respectively.

In a widely expected decision, the Bank of Japan kept the interest rate unchanged and its monetary policy was very choppy.

The euro was leading the bulls in London, adding 0.5 percent to $ 1.1428.

The euro received support from the news of an agreement between Italy and the European Commission on the Rome budget for 2019, and some strong trade data this week.

Sterling gained 0.3 percent to $ 1.2658, and the Bank of England is expected to keep interest rates unchanged at its last meeting this year.

The Swedish krona jumped more than 1 percent against the dollar after the central bank raised interest rates for the first time in more than seven years.

December 21, 2018
Dubai gold prices surpassed, buy 22k at Dh140

In Dubai, the city of gold, Gold prices in the UAE for Gram 24-carat DH 146.75, gram 22 carat DH 39.75, Gram- 21 carat DH 133.12 and settled gram 18 carat DH 112.50.

NEW YORK (Reuters) – Gold trimmed its weekly gains, slipping through Friday, after jumping yesterday to its best daily gain in more than two years.

The improvement in the performance of US stocks and recovery after six consecutive declines, and the strengthening of the US dollar again against major currencies to reduce the demand of investors on the precious metal as a safe haven.

While gold dropped near the end of the trading session of the level of 1,220 dollars, the futures contracts for yellow metal delivery for December fell by 0.5% to 1,222 dollars, recording a weekly gain of 1.4%, in performance is the best in about two months.

Gold is still far from its best this year, which hit 10% in April. The metal’s losses were mainly due to the strong performance of the US dollar as the US economy recorded record growth rates and the Federal Reserve’s policy of raising interest rates.

October 13, 2018
Gold Rate in Dubai Hit 138 DH For 22k

Gold prices jumped more than $ 20 on Friday, as the dollar turned bearish following comments by the Fed chairman.

GOLD RATE UAE: : 22K – AED 138.75 / Gram , 24K – AED 145.75 / Gram .

US Federal Reserve Chairman Jerome Powell told the Jackson Hole meeting that there was no risk of accelerating inflation because of the strength of the economy, stressing the bank’s continued policy of gradually raising interest rates.

He pointed out that the rate of inflation recently approached the target of 2%, but with no signs of exceeding in the coming period, explaining that the gradual path to raise interest remains appropriate.

The Federal Reserve has raised interest rates twice since the beginning of this year, with expectations of two additional increases before the end of the year.

By 2:12 pm GMT, the price of gold futures for December delivery rose 0.9% to $ 1205.40 an ounce.

The spot price of precious metal rose 1.4% to $ 16.28 to $ 1201.84 an ounce.

Silver futures for December delivery rose 1.3 percent to $ 14.83 an ounce.

Meanwhile, the dollar index, which measures the performance of the currency against 6 major currencies, fell 0.6% to 95.11.

August 24, 2018
Dubai gold prices slip more to Dh 136.50 for 22k

In Dubai, the city of gold, Gold prices in the UAE for Gram 24-carat DH 146.75, gram 22 carat DH 136.75, Gram- 21 carat DH 130.12 and settled gram 18 carat DH 111.50.

Gold prices retreated earlier on Friday amid the Turkish lira crisis, which boosted demand for the precious metal as a safe investment but at the same time gave support to the US dollar, making gold more expensive for other currency buyers.

Investors defended the dollar as a safe haven as the Turkish currency collapsed by 23 percent to a record low, the Russian ruble fell to its lowest level in more than two years and the euro and the pound fell to their weakest levels in a year.

As Turkey’s turmoil spreads to other markets, gold, traditionally seen as a safe investment in uncertain times, has attracted some extra attention, said Saxony Bank analyst Ole Hansen.

“There is a battle between the strength of the dollar and some demand for safe havens created by the risk of a lira collapse,” he said.

Spot gold settled at $ 1211.94 an ounce by 1743 GMT, while the dollar index jumped more than 0.9 percent. The yellow metal is heading for the end of the week with little change after four consecutive weeks of declines.

US gold contracts fell 0.1 percent to $ 1219.00 an ounce.

Gold fell 11 percent from April’s peak to a one-year low of $ 1204 last week as the dollar rose to a 13-month high, investors pulled out of gold positions and speculation began to fall.

Among other precious metals, spot silver dropped 0.9 percent to $ 15.27 an ounce, platinum fell 0.2 percent to $ 828.50 and palladium rose 0.1 percent to $ 907.80 an ounce.

August 12, 2018
Dubai Gold Rate Today Low levels, 22k priced at Dh137

In Dubai, the city of gold, Gold prices in the UAE for Gram 24-carat DH 147 .50 , gram 22 carat DH 137 , Gram- 21 carat DH 130.12 and 18 carat DH 112

Gold fell more than 1 percent and hit its lowest level in 16 months as the dollar strengthened

The dollar rose against a basket of currencies during the certificate, increasing the cost of the metal to non-US investors.

The yellow metal continued its slide at its lowest level in a year as the dollar rallied after the Federal Reserve chairman said the bank would continue to raise interest rates at least 4 times a year at this time.

In economic data, industrial production in the US rose last June more than analysts expected.

On settlement, gold futures for August delivery fell 1% to $ 12.40 to $ 1227.30 an ounce, the lowest since mid-July 2017.

The US Department of Commerce’s Bureau of Economic Analysis is due to release its first economic growth estimate for the second quarter of this year on July 27.

At the same time, Powell warned that the federal budget deficit, which is going to exceed $ 1 trillion a year, equivalent to about 5% of GDP in the coming years, will pose risks that are difficult to define.

“In general, we see the risk of an unexpected drop in the economy, barely balancing the possibility of economic growth at a faster pace than current expectations,” he said.

The President of the Federal Reserve suggested that a “gradual” increase in key interest rates is likely to continue.

With core inflation in the US approaching the target of almost 2 percent per year for the first time after years of low inflation, Powell said policymakers “will continue to monitor inflation closely.”

July 18, 2018
How To Differentiate Between The Real Gold Jewellery And Fake Gold ?

Many people are now obsessed with gold whether it is genuine or fake, especially after the spread of Chinese gold, Russian gold, Italian and other species that have become quite similar to the original gold so that some of them have become sealed, making some do not know to differentiate between the original Many problems occur and many women may fall victim to this as they may be deceived.

There are a number of things that allow you to recognize the original gold of the fake gold jewelry, which must be attended to so as not to fall victim to the monument and among these things include:

Weight Sensitivity Test

You can hold two pieces of gold in almost the same size. If one is light and weak in strength, you know that this piece is fake. Gold is a light metal. The original gold is a heavy metal and you can use the electronic kitchen balance that weighs in simple grams. This method may not be feasible as methods have been devised to manipulate the weight of the non-original metal.

Stamping

It is a seal placed on gold, as it shows the type of this gold and the caliber made of it, where we find gold written on it 18 or 14 or 21 and other recognized gold caliber, and is not free of a piece of original gold caliber or stamp the owner of the technical workshop , But there is now gold sealed but does not carry any numbers inside and this gold is fraudulent.

Biting

It may be a bit strange, but it is a primitive method, since gold metal is a soft metal easy to form, but bite it showed the effects of teeth, especially with the upper caliber where we find that the 24 caliber is weaker than 21, so the more pure gold whenever It was soft metal and was weaker in strength.

Sight

The preview is an indication of the original gold. If you hold your hand in a series of original gold, you will find the bond between the crystals. You will find that it is very coherent and not open, but if you see that it is open and non-coherent crystals indicates that this gold is not original.

Rogue Testing

It is one of the strange tests, but it is one of the tests that proved to be very effective and it is easy tests, since you will need only a pen of the broom and put a quantity of the broom on your hands and then move the piece of gold on them and scratched, if the color change to black indicates that This metal is not original.

Ceramic

Rub the piece of gold on your ceramic tile if you leave scratches on the tiles indicating that this gold is not genuine. As we have already mentioned, gold is a bit soft metal, but ceramics may cause some undesirable scratches on gold.

Vinegar, lemon or nitric acid

Chemically known that gold is a metal that does not react with oxygen or any acid substances, put the piece of gold in the amount of vinegar or nitric acid and leave for a full night if there is an interaction between him and the piece of gold indicates that this piece is not original.

Odor

This test may be a little strange, and many people may not know about it, but it is old tests, since it is known that the gold metal has no smell, just rub the piece of gold in your hands until sweating after you smell your hands, if it appeared The smell of it on that metal is plated and smudged.

Magnet

It is also a very easy way to detect the original gold from the rough gold, as it is scientifically known that gold is a high-density metal that are not attracted to the magnet, so if you attracted to your piece of gold indicated that it is not original, but if Dell was not attracted to it as original.

Gold is one of the very precious metals that is now very expensive, so it should be handled only by reliable shops and people, and it must be done by means of an official ring and a regular invoice from the shop.

We also advise you to do more than one of the previous tests in order to identify the original gold fact of the tradition.

July 16, 2018
Dubai gold price slips further and 22k Dubai gold priced at Dh140

In Dubai, the city of gold, Gold prices in the UAE for Gram 24-carat DH 150 .50 , gram 22 carat DH 140.65 , Gram- 21 carat DH 133.12 and 18 carat DH 120.50 .

Gold fell to a seven-month low on Friday, hurt by the dollar’s rise as trade tensions between the United States and China ebbed, and a weak demand for the precious metal on expectations of US interest rate increases.

Gold prices were hit by a three-week losing streak as the precious metal rallied 0.2% to trade at 1245 ahead of Friday’s close in New York. The deferral of recent selling pressure coincides with a rebound in broader risk appetite as all three major US stock indexes closed higher on the week despite persistent concerns about the escalating trade war with China. In terms of gold, the battle of tariffs is a hope for speculators to rise, and the focus is on whether the price can follow on the rebound this week of support or not.

July 14, 2018
How To Buy Gold in Arab Countries At Cheapest Prices Without Tax

Many people aspire to invest in gold to become one of the most common and famous investment in the world. The gold market is subject to price fluctuations at intervals, sometimes high prices and sometimes low prices, and the best way to invest in gold by buying gold coins that have many Of gold, gold, stocks and investment funds in gold. In this article we will explain some important tips that must be worked out before investing in gold and what factors are affected by gold and other important things necessary for the process of investing in gold.

Factors affecting the price of gold

Gold is like any other commodity affected by supply and demand more than speculations that occur on it, but due to the amount of gold on the surface of the earth compared to the produced annually, the change in price here is according to demand and according to the desire of the buyer and not according to the market.

Why invest in gold?

It is often found that most people have gone to trade in gold for several reasons:

1. Gold does not lose its value over time.

2. The value of gold relative to securities increases over time due to inflation.

But before that, you have to determine what is the objective of investing in gold for you, if you invest for the purpose of making money by changing the price of gold and rising every period, the best solution is to buy gold bullion.

Gold Sale Times

The more time you can sell gold with the biggest profit is the time when the economy is in a state of contraction and deterioration, the depreciation of the local currency, the occurrence of inflation or the increase of national debt

8 Tips for Investing in Gold

1. When you decide to buy gold and get a higher profit, you should buy 24-gauge gold because it is less manufactured.

2. Gold accounts for 30-40% of the investment portfolio.

3. Set the price you want to see and earn the highest profit, to increase your profits.

4. When making an investment decision should be at a time when the price of gold is low, and avoid buying at a high price impact.

5. Prefer not to borrow money to invest in gold, but be a capital available to you.

6. Define a clear strategy with the writing of the future goals you want to reach, and it should be long-term strategies.

7. It should be a permanent follow-up to the dollar and the news of the US economy, as it is one of the most influential factors in the price of gold.

8. It is not preferable to buy gold, which has precious or semi-precious stones for investment.

Cautionary Notes

1. Gold must be bought from reliable sources because the most fraudulent stuff is trade in gold, so gold can be bought from banks or reputable sites to ensure that money returns to you when you sell your gold.

2. When making the decision to invest in gold, different investment strategies (basic analysis, technical analysis, gold analysis versus stocks) should be checked.

Conclusion

The gold is one of the most expensive metals and the most famous mineral in investment. Therefore, when making a decision to invest in gold, you have to know a great knowledge of everything and what are the things that should be avoided when buying gold and the time of buying gold and the time of pledge. This article.

May 24, 2018
How To Invest in Gold And Gold Bullion

Gold bullion is one of the best ways to invest money for many reasons, such as maintaining its value, which is increasing over time due to the high demand for the yellow metal almost in excess of its production rates. Senior investors and businessmen are always seeking to retain increasing quantities of gold bullion as one of the most profitable and safe investments at the same time

What is a Gold bullion ?

The gold alloy is a piece of pure gold, high purity 24 carats 99.99% purity and is found in many forms and has many different weights, it may be a gold alloy in the form of an ounce of gold (31.1 grams of gold) or in different weights ranging from 5 grams To a kilogram of gold.

Gold bullion is the raw material in the manufacture of jewelry, jewelry, and other gold bullion. It is easy to trade, sell and buy easily and flexible.

Where can I buy and sell gold bullion?

For individuals, they can get bullion through goldsmiths and jewelers. For large traders and investors, gold bullion can be bought and sold by specialized companies. The purchase price of the alloy is in line with the price of the gram on this day.

It is possible to purchase them in another way, by buying the gold bullion from gold traders. Some large gold stores in most countries have a place to display different shapes and weights of gold bullion that can be bought for individuals such as buying regular gold jewelry but there is a difference in how to calculate the price of the alloy The price of gold in jewelry according to the price of gold and the addition of the tax (stamp) in addition to the workmanship according to the price of each dealer or negotiate with him

How can gold bullion sell?

The gold bullion can be sold in the same way as selling to gold shops and traders. The price is based on the international price of gold now only without adding the commission.

What is the difference between gold bars and jewelry on the one hand?

When buying gold jewelry, traders add a factory price of grams that varies from one country to another and from one dealer to another according to the shape and the gold standard used. When selling this jewelry, the trader will deduct the price of the workmanship for each gram, that is, buy the gold without a factory, 10% of the price of gold when you buy, that is, if the purchase of gold jewelry worth $ 1000 if sold then its value is approximately $ 900.

The gold bullion is different because it is not added to the price of a factory, but the commission of the merchant, which is the margin of profit from the sale, and when selling not lose much of its value, but the opposite when the price of gold and the sale of these alloys.

How to invest in gold

The first way

It is known that the prices of gold on the stock exchange can change from moment to moment. This method is based on fast e-commerce. The investor opens a trading account in a global bank, electronic or brokerage companies that allow the investor to trade online and buy and sell transactions Through the computer or mobile phone, and can through the brokerage firm to identify specific numbers of sales and purchase, so that the investor to buy in the case of price drop to a certain extent, and selling in the case of boarding to get profits.

The second way

This is the way gold bullion is bought, through a gold-trading bank or gold bullion company, and the investor chooses a reputable company. These companies deliver gold bullion to the investor’s workplace or home, or the investor can place it as a deposit in the bank or the company and invest through it. There are also some of the largest stores in the world that allow its customers to buy pure gold bullion.

Advantages of investment in alloys

There are many advantages to investing in gold bullion without jewelry. The gold jewelry trade offers the investor a great loss. He buys gold plus the value of manufacturing and forming, while in the case of selling it to a trader, that value, which is about ten percent of the price, is deducted.

Speculation in global markets carries the same risk of currency trading across the stock markets as the price of gold can fall very sharply in less than a minute because of a news spread around the world or for some other reason, which puts the trader at a heavy loss when he has to sell to avoid more losses or wait for price recovery that can take a long time.

In general, investment in gold is one of the best investments at all, but it is considered that investment in gold is a long-term investment meaning that you should not sell the gold you bought before the passage of at least 5 to 10 years at least to ensure that you have a percentage of profit Good.

April 30, 2018