dubaigoldrates

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  • Gold price continues to climb with the return of institutional investment

    Gold price continues to climb with the return of institutional investment

    Gold price rose in trading on Monday, the first week’s sessions, to continue the positive performance after it grew by more than 5.5% over the past month with the return of investment funds to acquire gold.

    Observers of the price of gold finds that the perception of the yellow metal has changed dramatically with the return of investment funds to the acquisition of gold beside the direction of most central banks to buy it to raise its total reserves of gold, which is a safe haven against currency fluctuation and change the economic map after the collapse of oil prices.

    The price of gold in the range of 5:42 pm GMT $ 4.50 is equivalent to 0.44% and reached the level of $ 1121.30 an ounce.

    He expected to reach the gold level of $ 1140 an ounce during trading this week with the release of US labor market data for the month of January, noting that oil prices played a major role in changing the stock and currency exchanges.

    The price of silver rose today by 0.51% and reached the level of 14.315 an ounce.

    And for the performance of silver as gold accompanied the gains in stability on the recent period, ending the week’s trading at 01.14 dollars per ounce, recording a gain of 3% by the end of this January’s trading.

    The price of palladium today by 0.05% to the level of $ 498.76 an ounce.

    While the platinum price fell by 0.07% to the level of $ 870.06 an ounce.

  • Gold rises amid demand for safe haven

    Gold rises amid demand for safe haven

    Gold rose yesterday, with the continued decline in equity markets, and the promotion of oil falling for the precious metal as a safe haven, but the slowdown in demand from Asia, kept gold below the highest level achieved this month.

    Asian stocks fell to the lowest level in four years, while US crude fell to its lowest level since 2003, raising concerns about the global economy and the dollar’s decline also.

    The IMF cut its forecast for global growth for the third time in less than a year, after that the Chinese economy grew less pace in 25 years in 2015.

    During trading, gold rose in the spot transactions 0.4% to $ 1091.36 an ounce has also increased in the Futures US contracts for February delivery 0.2% to $ 1091.70. He said Citigroup analysts in their forecasts for commodity markets in 2016, the status of gold as a safe haven, she returned to occupies lead time again, amid concerns about the Chinese economy, and the decline in equity markets ..

    And the escalation of geopolitical tensions in the Alkhalij.oodavo «while geopolitical issues usually tend to be short-term, in terms of providing support to gold prices, we expect that the progress of the current global economic concerns, support in this quarter».

    And settled for silver in the spot transaction at $ 14.015 an ounce, while palladium fell 0.7% to $ 488.61 and platinum fell 0.6% to $ 818.50 after it came down to the lowest level in seven years at $ 812.95.

  • Gold Rate In Dubai climbs to highest level in 7 weeks

    Gold Rate In Dubai climbs to highest level in 7 weeks

    Gold rise to its highest level in seven weeks, on Wednesday, to continue its gains for the third straight session in light of the continued concerns about the Chinese economy, which had a negative impact on the stock markets and rising tensions in the Middle East and the Korean Peninsula.

    Today 24-carat gold in Dubai was retailing at Dh133 per gram, up from Dh130.75 on Thursday, The price for 22K went up from Dh125.25 to Dh 130.25, while 21K rose from Dh117 to Dh120.

    And stuck gold gains after the publication of the minutes of the meeting of the Federal Reserve (the US central bank), in which the policy-makers to raise interest rates, as the lecturer showed some fears of inflation remains at low levels perilous.

    The price of gold in the spot transactions 1.5% to $ 1093.62 an ounce by 19:55 GMT, just shy of its highest level since November 16 when amounted to $ 1095.30 an ounce.

    And increased US gold futures for February delivery contracts 1.3% to settle at 1091.90 dollars an ounce before the publication of the minutes of the meeting of the Central.

    It is expected that the US central raise interest rates again this year, although the number increases still under discussion.

    And global stock markets fell for the fifth consecutive day, Wednesday, as China fueled concerns about its economy to allow further weakening of the yuan, as the nuclear test conducted by North Korea has increased the growing political concerns.

    And silver rose 0.4% to $ 14.02 an ounce, platinum fell 1.5% to $ 874.75 an ounce, while palladium down 4.8% to $ 508.50 an ounce, its biggest losses in four months.

  • Gold is heading for the biggest quarterly loss by end of the year

    Gold is heading for the biggest quarterly loss by end of the year

    Gold prices fell on Wednesday, sending to record the largest quarterly loss in a year as the dollar rose amid anticipation in the markets until clearer vision on the date of the decision to raise US interest rates.

    Awad platinum and some of the losses it suffered after he fell to the lowest level since December 2008 in the previous session, but remained ready to record the largest quarterly loss in seven years because of fears of falling demand as a result of the scandal involved the exhaust emissions of the Volkswagen.

    It fell four percent since July, recording the fifth decline in quarterly respectively in the longest losing streak of quarterly losses since 1997, and fell Spot gold contracts four percent to $ 1122.90 an ounce (an ounce), while gold prices fell in the US contracts in December to $ 4.90 delivered an ounce to 1121.90 dollars an ounce.

    And it exposed yellow metal under pressure due to expectations that the Federal Reserve (the US central bank) tends to raise interest rates this year, and Sergb traders word Janet Yellen president of the Federal Reserve later in the day and the report of jobs in the private sector to devise signals on the strength of the economy and the timing of raising US interest rates.

    Platinum rose in the spot contracts 0.7 percent to $ 919.74 an ounce, but recorded a decline of 15 percent in the current quarter of the year, and palladium rose, driven by investors’ belief that the demand for cars powered by gasoline may increase. The metal is ready to achieve the best monthly results since July July 2013 where ten percent rose although it is still toward record quarterly loss limited, offering palladium 1.1 percent to $ 660.75, while silver rose 0.1 percent to $ 14.63 an ounce.

  • Gold price in Dubai Up Dh3 per gram Today

    Gold price in Dubai Up Dh3 per gram Today

    Gold price in Dubai have seen a marked rise in the beginning of the week this week, and with the approach of Eid al-Adha holiday

    Today 24-carat gold in Dubai was retailing at Dh137 per gram, up from Dh134.75 on Thursday, The price for 22K went up from Dh128.25 to Dh 130.25, while 21K rose from Dh123 to Dh125.

    Gold futures rose near its highest price in nearly three weeks on Monday after the Fed’s decision not to raise interest rates, boosting demand for the precious metal.

    During Friday’s trading, gold rose to US $ 1.141.50 per ounce, the highest price since September 1, gold rose to $ 30.30, or the equivalent of 3.14%, in the past week after leaving the Federal Reserve short-term interest rates unchanged, amid fears of The soft inflation data and the effects of market volatility in recent times affected the US economy.

    Federal Reserve Board and said he wanted to see further improvement in the labor market, “and rising inflation by raising interest rates.

    Most market experts expect now that the Federal Reserve begins to raise interest rates in December.

    Gold fell to its lowest level in five and a half years by $ 1.072.30 per ounce on July 24 amid speculation that the Federal Reserve will raise interest rates for the first time since 2006 at some stage this year.

    But as long as the timing of raising interest rates the Fed a constant source of controversy in the markets in recent months.

    During this week, investors awaited the release of a report on the manufacturing index of China issued on Wednesday in search of a new indicator on the strength of the economy, as well as a report on US durable goods data as well as reports on US home sales in search of other indicators on the strength of the economy and the possibility of a raise the interest rate in the near term

    Gold Rate Today : To keep up to date with gold price In Dubai, go to our Current Gold Rate.

  • Gold near its highest level in 3 weeks with falling stock

    Gold near its highest level in 3 weeks with falling stock

    Gold prices Keep near its highest level in three weeks on Monday, supported by safe-haven demand after the damage to the global stock of Fed decision (Fed) to keep interest rates unchanged.

    And settled Spot gold at $ 1138.90 an ounce (an ounce) by the time 0640 GMT, after three percent record gains over the previous three sessions. The weak trading volume in hours of work in Asia because of the three-day holiday in Japan.

    The metal rose to $ 1141.50 in the previous session, its highest level since the second of September.

    Tracked Asian stocks followed Wall Street down after it raised the Federal Reserve’s decision to keep interest rates at record lows fresh concerns about global growth, especially in China.

    For other precious metals silver fell 0.13 percent to $ 15.14 an ounce, while platinum rose 0.2 percent to $ 980.45.

    Palladium rose 0.16 percent to $ 603.97 an ounce.

  • Gold Rate In Bahrain Today Up 3 Weeks height

    Gold Rate In Bahrain Today Up 3 Weeks height

    Expect officials in the shops for the jewelry trade and goldsmiths in the Bahraini gold markets, gold sales experiencing a slight growth over the coming weeks by between 10 and 20% compared to the previous weeks, supported by increasing demand for purchase during the Eid al-Adha and purchase gifts to be presented to pilgrims.

    Prices rose gram 21 carat gold since the beginning of this week to 11,700 dinars.

    The coming period will witness a decline in gold prices by between 3 to 5%, confirming that the gold Bahrain still tops the most gold jewelry demand from consumers.

    For his part, one of the local gold shop owners expect, to see the local markets, a rise in gold sales during the Eid al-Adha period until the return of the pilgrims of Hajj by 15 to 20%, a reference to the low gold price globally, as well as the desire of customers in the acquisition Jewelry and Costume Visitors to the House of God to be presented to them as gifts.

    Gold markets see a good turnout compared to previous months despite the volatility of voter turnout, especially in the period of preparations for the return to school, stressing that the declines in gold prices encouraged many customers to purchase.

    Expected to see the price of gold over the next few days a decline in gold prices by between 5% to 7 accompanied by the movement of a good turnout, noting in this regard that in the case of consumers to buy gold  always prefer the acquisition of Bahrain gold.

    Buy gold operations at this time were limited largely to buy engagement crews and bracelets, to buy diamonds and colored stones are expensive, and that the price back down after your purchase.

    He explained that in the case of re-selling them lose half the financial value, with chains and rings and throat came in second place, pointing out that the difference in prices of the caliber to time, in addition to diverse configurations provide an opportunity for customers to choose what suits their tastes and budgets.

    He stressed that the Bahrain gold still tops the most common form of gold demand because the purity of proportion and reached the high levels of the highest quality from the Gulf states.

  • Gold Price In Kuwait Hit 2 Weeks High

    Gold Price In Kuwait Hit 2 Weeks High

    Specialist report revealed that the price of gold rose by 3% in global stock markets last week to touch the level of 1138 US dollars per ounce.

    The report issued by the Kuwait alloy company to trade precious metals and noted on Sunday that the main reason for this rise marked in yellow metal prices is the growing fears of investors about the global economy after the US central bank’s decision to keep interest rate at a record low, prompting the price of gold to rise by 32 dollars per ounce.

    He pointed out that the precious metals were the biggest beneficiary last week due to the weakness of the US dollar’s exchange rate against world currencies and the flight of liquidity to the gold and silver markets in spite of assurances head of the US central bank Janet Ill and justified not move interest rates to the need of the global economy for more positive and confirmed indications that inflation rates It is still far from expectations.

    The report predicted that the price of the yellow metal will continue to rise in the coming weeks to mid-October, a month ahead of schedule to meet the US central bank members to discuss a new rate hike.

    It is clear that the World Gold Council stresses the need to be investors look to invest in gold deeper and larger than linked to the decisions of the US central bank, stressing that the yellow metal will continue to play the role of safe haven for money in light of the unstable political and economic conditions around the world.

    The report pointed out that silver prices have risen to a level of 1 t of $ 15 per ounce and benefited are the other of the flight of liquidity to the precious metals markets expected to continue to climb and resistance to profit-taking if settled above $ 15 per ounce during the current week.

    He pointed out that the rest of the precious metals also rose as metal platinum ended trading last week at $ 983 per ounce and palladium at $ 611 per ounce.

    With regard to the Kuwaiti market, the report pointed out that it rebounded to reach the value of one gram of gold rose 11 dinars while buying gold jewelery requests with a significant increase in gold sales of 21 carat and 22 carat

  • Gold price In Dubai Today Per 10 Gram

    Gold price In Dubai Today Per 10 Gram

    Gold rose on Tuesday, with the decline in the stock due to new signs of weakness of the Chinese economy despite the fact that the growing hopes that the Federal Reserve raises (US central bank) interest rates this month, probably maintained some of the gains.

    The retail price of 24-carat went up from Dh137 to Dh138, while 22K increased from Dh130.25 to Dh131.

    The price for 21K gold stood at Dh125.75, up from Dh125 a day earlier, while18K gold went up from Dh108.25 to Dh108.75 and ten tola gold bar from Dh15,705 to Dh15,800.

    Activity contracted Chinese factories at the fastest pace in the last three years in August as domestic orders and export orders recorded a significant decline boosting investor concerns about second-largest economy in the world.

    The price of gold in the spot contracts 0.6 percent to $ 1141 per ounce by the time 0558 GMT, after a quiet session on Monday.

    It ended August yellow metal to rise by 3.5 percent with causing concern about slowing Chinese economy in purchases of investment assets safe despite the fact that the precious metal fell from its highest level in seven weeks.

    Increasing signs that may lead the Federal Reserve may raise interest rates during the next monetary policy committee meeting on September 16 to 17 September to curb the upward trend of gold.

    Gold rose US December delivery 0.7 percent to $ 1140.90 an ounce.

    The palladium price fell 1.1 percent in the spot contracts to $ 592.30 an ounce, while platinum rose 0.2 percent to $ 1008.80 and silver rose 0.3 percent to $ 14.65

    Gold Rate Today : To keep up to date with gold price In Dubai, go to our Current Gold Rate.

  • Gold prices analysis today -28 August 2015

    Gold prices analysis today -28 August 2015

    Gold prices ended Thursday’s session almost unchanged as the upward movement and downward movement and faced with a hardship to get and you can not control any of them of progress. Dropped a pair of XAU/USD after the Commerce Department report showed that gross domestic product expanded at an annual rate of 3.7% in the second quarter instead of 2.3%, which was announced last month, but the uncertainty about the timing of raising US interest rates reduced the losses.

    Gold supported as a result of expectations that the Fed may be reluctant to raise interest rates in September because of the global financial developments and the market, but is still under pressure because of the strong dollar. While I do not underestimate the probability of a rebound in the near future, the technical picture remains weak. The pair is trading XAU/USD now directly above the level in 1130, but noted that what is between here until 1147 the region will be resistance, as the framework and the context of the daily four-hour overlap.

    Gold prices analysis today -28 August 2015

    With this into consideration will be watching the levels in 1135 and 3/1125. In the event that a pair of XAU/USD and the US hold above 1135, it is possible to see upward movement moved to 1140. They exceeded through the level in 1140 where the line “Tinkan-age” (moving average for the period IX – red line) in order to continue towards 1147. However, the successful breaking below key support at 3/1125 of Machines should put more pressure on prices and send us about 6/1118 the region. In case the downward movement to abolish this support, look for further decline towards the goals of 1109.70 and 1103.