Category: Featured

Is gold become a Means of better safety ?

Gold prices are currently driven by several factors: central banks interventions. Political interference and the statements of responsible and irresponsible,speculative and Pressure on prices from governments or banks or investment funds. Paper gold market size exceeds 100 times the actual physical gold market. This helps to influence the course of prices and channel it.

Now! Why gold is about to dash bullish?

After rises in August of 2011 the market saw a correction and a clear and real phase followed by immunization horizontal. At this stage, the world has seen bad economic news only. Europe in the vortex is sufficient to disturb the atmosphere in general and healing all the way to the recovery period will develop.

Britain in a miserable course, but put a percentage of the distinctive European situation in terms of its ability to print money without restrictions it is still apparently has the best reputation.

The same image can be monitored in the United States. Quantitative easing is expected not only the printing of the currency. Economic figures are uncomfortable, but the Americans are benefiting so far only focus on the markets of Europe. Situation will not continue on this case.

Japan sits on a mountain of debt and demand for the yen just a phenomenon does not know Those who know are not they change. We believe the time is not far away. Economy will not survive a long.

The solution is to print the currency in each place. Salvation will not come this way. Governments think it’s the best way to please the voters. Governments come and promises a few months after moving protests against it. May be times been free market economy is behind us.

This year saw and will see the big race historically to print money. Race between the central banks from every direction. This will enhance the development of inflation and we will be before the outbreak of the disease in the body of the patient. Bonds, stocks, currencies, commodities bubble will be in front of the whole terrible. Only gold will be in the royal seat. Watching and smiling than he bargained for. It will be the provider of the Investment Center to protect the best.

And finally? Must know that gold has increased since 1999 rose 615 percent this correction, which we talked about, which amounted to 8% priced in dollars so far is very limited long-term outlook. In most other currencies, the correction did not exceed 3.0%.

Ongoing immunization we believe it to end soon. The driving force behind the next may be so great that exceeded the $ 2000 will make 3500 a target of the next. Maybe $ 5,000, too. Maybe in 12 to 18 or 24 months only.

From this perspective, an additional corrective decline will not be meaningful that is measured, including waiting for the yellow metal.

August 11, 2012
$ 35.8 billion trading «Dubai Gold and Commodities» in July

Dubai Gold and Commodities succeeded in the registration of a total of 965.6 thousand was held in July this year, totaling $ 35.8 billion, representing a trading volume record for the fifth consecutive month.

And contributed to trading in July, which saw an increase of 9% on trading last June, in enhancing the volume of trading in the stock market since the beginning of the year to date to more than 4.8 million contract, an increase of 179% over the same period of the year, 2011, which witnessed a circulation of more from 1.7 million contracts.

Continued to gold and rupee futures strong performance in the Dubai Gold and Commodities, achieving an annual growth rate of 211% in the volume of trading last July, as the volume of currency contracts in July last by 223% from last year to about 897.9 thousand contract, and the Indian Rupee futures in the Dubai Gold and Commodities are the mainstay of growth of currency once again, recording an annual increase by 263%, of which 892.3 thousand held during this month, and for contracts for other currencies, witnessed decades, the Australian dollar and Swiss franc futures grew by 49% and 24% respectively compared with last June.

For its part, seen gold futures contracts in Dubai Gold and Commodities, high annual growth rate of 104%, bringing the number at the end of the month to 55.3 thousand a decade, as the number of gold futures contracts since the beginning of the year to date to 312.7 thousand a decade, an increase of 11% over the same period in 2011.

The chief executive of the Dubai Gold and Commodities, Gary Anderson: «sought Dubai Gold and Commodities actively during the first half of 2012 to enhance liquidity and increase the size of the contracts the main, through changes to the contracts and encourage market makers to provide the best prices, and encouraged us to increase the volume of trading that we have achieved as a result of these initiatives, and keep searching for new products and services that will, in addition to our stand sophisticated new technology, to provide better support to the needs of hedge and investment to a wide range of market participants in the region ».

August 9, 2012
Gold and rupee futures record high trading volume in Dubai Gold and Commodities Exchange

Gold continued and rupee futures strong performance in the DGCX with an annual growth rate of 211 percent in volume for the month of July supported by strong performance during the first half of the year.

DGCX succeeded in recording a total of 9,656,037 held in July this year amounted to a total value of 8.35 billion U.S. dollars, representing a record trading volume for the fifth consecutive month.

Has contributed trades July – which saw an increase of 9 percent for trading in June – in the promotion of trading volume in the stock market since the beginning of the year to date to 48 million and 136 thousand and 49 contract an increase of 179 percent compared with the same period in 2011, whichseen by 17 million and 282 thousand and 13 contracts.

As the volume of currency contracts in July increased by 223 percent from last year to 8,979,008 contracts.

The Indian Rupee futures contract on the Dubai Stock Exchange Gold and Commodities are the mainstay of growth currency again registered an annual increase of 263 percent by 8 million and 923 thousand 49 held during this month.

For decades other currencies decades have seen the Australian dollar and the Swiss franc futures grew by 49 percent and 24 percent, respectively, compared with the month of June.

Also saw gold futures contracts in DGCX and commodities annual growth significant by 104 percent to up at the end of the month to 55 thousand and 320 contract as the number of gold futures contracts since the beginning of the year to date to 3,127,072 held an increase of 11 percent compared with the same period in 2011.

Said Gary Anderson, CEO of DGCX and goods that Borse Dubai Gold and Commodities committed during the first half of 2012, with notable towards enhancing liquidity levels and increase the size of their contracts Home and through the introduction of changes to contracts and encourage market makers to provide the best prices.

August 7, 2012
Dubai :Largest markets for diamonds in the world

Continued leadership in the Emirate of Dubai trade goods across the strong growth, led by the trade of precious metals and precious stones, and strengthened the Dubai Diamond Exchange the city’s status as one of the largest markets for diamond trade in the world, “the third world.”

The total trade volume in 2011 about 255 million carats, and a total value exceeding $ 39 billion, an increase of 11.5% from the year 2010.

He said the Dubai Multi Commodities, in a recent report: has the gold trade set new records, which rose 35% to reach $ 56 billion in 2011, reflecting a rise in gold prices and the volume of trade, which amounted to 1200 tons, a rate of 1.571 USD an ounce, and an increase of 6.3% for 2010.

Saw the Dubai Gold and Commodities rise in trading volumes during the first half of this year by 172%, to $ 3.84 million contract, driven by the large rise in the demand for futures contracts for gold.

August 6, 2012
Dubai The Center Of Gold Trading

The Gulf’s most vibrant city – its modern heart and soul – is Dubai. This emirate is situated south of the Persian Gulf and owes its remarkable economy to the oil reserves that were found there during 1960’s which then led to a surge of investors and businessmen. Dubai, United Arab Emirates has always been the center of gold trading since the 19th century. Buying gold in Dubai became more widespread after the establishment of the well renowned Gold Souq market. Today, this is considered as one of the major gold markets around the world.

The spotgold price in Dubai is presented in the national currency of the UAE Dirham (AED) twice each day according to the International rates of gold and currency exchange rates of the Dubai Gold & Commodities exchange (DGCX). The rate of gold in Dubai is also classified by the gold’s purity, namely 22 or 24 karat composition in troy ounces. There are several sources around the Internet that show the gold rates in Dubai per gram daily. The main and perhaps biggest attraction of the Dubai gold market over other markets is the low prices it offers. Compared to the other markets, such as the European gold market, the price is a lot lower by up to 60%.Demand of gold trading in Dubai is increasing rapidly.

Dubai Gold Souq

The gold souq is located in Dubai’s business district in Deira. You can find hundreds of gold dealers here that offer a wide array of gold jewelry ranging from gold necklaces, rings, ear rings, chains, brooches, bangles, amulets, and many others. Most travelers would agree that the Dubai gold souq is a dazzling feast for the eyes. At any given time, this market displays anywhere between 10 and 20 tons of gold. Aside from gold, some of the stores here also offer platinum, diamonds and other precious gems.

Tips for Buying Gold Jewelry in the Dubai Gold Market.

– Shop around Dubai gold markets to get a feel of the prices offered and the average asking prices. As a general rule, never buy at the first store you visit.

– Given that there are numerous retailers to choose from, consider haggling for the best rate depending on your budget. It is customary for visitors to haggle over prices and most retailers always expect customers to negotiate prices with them.

– Keep yourself updated about the gold rates in the Dubai market. A lot of jewelry retailers will list daily gold rates in grams for 22 and 24 karat gold. This will help customers evaluate whether a certain piece of jewelry is worth its current asking price. Moreover, consider the craftsmanship value of the gold piece that you are looking to buy.

– The best time to visit the souq is in the evening. However, allow plenty of time to browse through the stores to make sure you get the best deal at the end of the day.

– you can go for trading gold online as well. For that , you should have knowledge about forex Dubai.

August 6, 2012
Gold prices in Dubai today

Gold prices in the UAE today has seen a mild decline in less than 1 AED per gram over the past two days, and record grams of 22 gold carat 173.50 dirhams on the Dubai Exchange Market today and 21-carat 165.60 dirhams and 18 carat 171.90 dirhams and 24-carat 189.26 dirhams.

Seen gold market in Dubai drop in sales during the past two weeks and hopes of many gold traders will resume the sale and purchase of new traders to cover some of their losses.

August 5, 2012
Gold sales in UAE grow 5% to 3.8 billion dirhams in the first quarter

Gold sales in UAE grow by 5% during the first quarter of 2012, rising to 3.87 billion dirhams, compared with 3.69 billion dirhams in the same period of 2011, according to the World Gold Council statistics.

The record growth in gold demand for investment in the domestic market by 33% to 588.8 million dirhams in the first quarter of this year, compared to AED 441.6 million in the same period of 2011, while sales recorded on jewelry “gold jewelry” 3.87 billion dirhams, between January and March 2012, compared to 3.69 billion dirhams in the same period of last year, an increase of 1%.

It showed Statistics World Gold Council, the demand for gold sales in terms of weight, “quantities” witnessed a decline in various global markets, including the UAE market and sales fell 14%, to fall to 19.4 tons in the quarter of this year, compared to 22.5 tons in 2011, down 3.1 tons.

The gold sales in 2011 grew 24% in terms of value to about 12.8 billion dirhams, compared with 10.3 billion in 2010, an increase of about 2.5 billion dirhams.

The Council that the demand amounts to invest in the yellow metal grew by 9% to a record 3 tons in the first quarter of 2012, compared with 2.7 tons in the same quarter of 2011, up 300 kg, while the demand for sales jewelry and gold wrought fell by 17 %, the amount drops to 16.4 tons in the period from January to March 2012, compared to 19.8 tonnes in the same period last year.

The report predicted that in light of the results of the first quarter, the demand for gold during 2012 will record a growth rate of 2% in terms of value, while 19% will be reduced quantities.

In Saudi Arabia, grew value demand for gold sales by 13% during the first quarter of 2012, rising to $ 823 million, compared with $ 731 million in the same quarter of 2011, and record investment in the yellow metal in the Kingdom increased 52%, to reach $ 250 million, compared with 165 million, while the value of the demand for gold jewelery 1% to $ 823 million, compared with 731 million in the same quarter of 2011.

In terms of quantities, Saudi Arabia, has declined during the first quarter increased by 32% to 11.1 tons, compared to 16.4 tonnes, due to the decline in demand for jewelry manufacturers, by 17%, falling to 10.5 tons, compared to 12.7 tons, But that investment in gold rose 24% to up to 4.6 tonnes in the first quarter of this year, compared with 3.7 tons in the same quarter of 2011.

In the rest of the Gulf states recorded sales value grew by 7% in the period from January to March 2012, to reach $ 285 million, compared with $ 367 million in the same period of 2011, and record investment in gold grew 38%, achieving $ 47 million versus $ 34 million, While demand grew jewelery sales in terms of value 2% to $ 238 million versus $ 233 million during the same period of comparison.

In terms of quantities fell in the first quarter by about 13% in the rest of the Gulf states, to fall to 5.2 tons, compared to 6 tons, in the same quarter of 2011, while investment in experienced growth of 13% gold for up to 900 Clio grams, compared to 800 kilometers grams, and the corresponding decline in demand for jewelry quantities manufactured “jewelry” in the Gulf countries other than the UAE and Saudi Arabia 16%, falling to 4.4 tons, compared to 5.2 tons.

The report pointed out that the global demand for gold grew by 16% in the first quarter of this year, up to $ 7 billion, while the decline in terms of quantities of 5%.

May 21, 2012
Dubai Gold and Commodities Exchange recorded its highest volume ever in the month of March 2012

Dubai Gold

Jumped number of contracts traded in DGCX for the month of March by 141% compared with last year, marking a significant growth rate of 550 735 contracts, representing the highest volume Monthly achieve DGCX at all, with reference to the value of contracts traded during the month of March amounted to 22.8 billion U.S. dollars.
The number of contracts traded since the beginning of the year to date increase of 126% compared with 2011 to 1545899 contract at the end of March, while the average daily trading volume increased by 152% from last year to stand at 25,033 contracts.

The rise was recorded currency contracts traded, up 197% on an annual basis, a mainstay for the growth of trading volume in the month of March. Has continued Indian Rupee futures contract outstanding performance between the currency futures contracts, marking the highest level in monthly trading volume ever by 495,153 contracts in March, an increase of 257% from last year. At the same time, the volume of trading Australian dollar futures contracts rose by 24% from last year to touch 2,150 contracts. The volume traded futures contracts denominated in pounds sterling / dollar and dollar / yen rate of 69% and 96% reported in the month of February for up to 4,376 and 1,869 contracts respectively.

In the context of commenting on these developments, said Ahmed bin Sulayem, Chairman, DGCX : “It was the main factor behind the performance standard achieved by DGCX in the month of March is the initiatives stock to enhance liquidity and increase the size of the growth of its contracts. With rising uncertainty surrounding the economic environment today, offering stock a unique platform to mitigate risks and take advantage of the volatility of currency and commodity prices. expect growth to continue trading volume of Dubai Gold and Commodities for decades precious metals, energy and currencies. ”

In terms of precious metals futures contracts, trading saw gold futures contracts a strong recovery in the month of March, it rose 34.2% from the previous month by 37,189 contracts. On the other hand, the volume of silver futures by 30% since February and until the end of March by a mere 1,057 contracts.

March 4, 2012