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  • Yellow Gold vs White Gold – Which is better?

    Yellow Gold vs White Gold – Which is better?

    Yellow Gold vs White Gold - Which is better?

    White gold and yellow gold on the basis of the same precious metal which is “Aurum”, the only difference between the two types is the type of alloy used.

    The actual value of each depends on the purity of gold or what we call Carat,  is alone the purity of gold. So pure gold is 24 carats.

    So 100% gold very soft metal used for making ornaments and is usually mixed with other metals such as copper, nickel, silver to make it solid and loader to be suitable for jewelry purposes.

    Each carat contains 1/24 of the total value, which is the amount of metals mixed on the amount of gold that set Carat him. For example, if a piece of gold made from 18 pieces of gold and 6 pieces of copper are identified as 18-karat gold.

    The monetary value
    Gold also be blended with other metals not only for durability but also to create a variety of distinctive colors such as white, green grain.

    White gold is basically yellow gold mixed with some of the metals, such as silver, palladium, nickel and zinc to give the appearance of distinctive white. On the other hand So usually yellow gold is mixed with nickel, copper, unlike white gold needs to be rhodium-plated, rodiom adds more durability and makes it seem  whiter and brighter.

    Without rhodium plating will quickly turn to the color yellow and looks grim, usually rhodium plating on the ring worn on a daily basis will continue for a period of not less than two years, so once it starts demise of the rhodium plating of the white gold ring you will need to go to a jeweler for re-painted, it may be white gold more expensive yellow gold due to add extra fees for rhodium plating, Increased demand for a certain type of white gold and designs mainstream fashion may also affect the price, however, the value of gold himself to remain as it is for all, if you buy or sell ornaments broken Their value depends only on the carat gold.

    Aesthetic value
    Determining the aesthetic value of white gold or yellow gold is a personal choice, and may also depend on the culture and the fashion trend current, and it was yellow gold undisputed forces for decades, but in recent times many people prefer white gold to yellow or Rose Gold, also increasingly popular titanium and platinum, aluminum, and silver, this trend in the jewelry industry has led many consumers to prefer ornaments white on the other colors, but in the fact that the value of gold remains high, regardless of the current economy, investment gold instead of other precious metals has become one of the many reasons why people prefer to buy it.

    Now you should be able to tell the difference between yellow gold and white gold.

  • Trading the Dollar With USDX

    Trading the Dollar With USDX

    Trading the Dollar With USDX

    Calculation and Use of the USDX

    The USDX or the US Dollar Index is an indicator that was created only a few years ago. It is one of the main indicators used by all traders in the U.S., irrespective of whether they are trading in bonds, futures, binary options, gold or foreign currency. This is because the USDX gives a great heads up on various other trends to follow. While it is only one of the many indictors used by Forex traders, it is an extremely powerful one.

    USDX – Creation an Meaning

    Created in 1973, the USDX was set at a value of 100 at this time. The current value of the index indicates whether it is stronger or weaker than the US dollar than in the year it was created in. if the index is higher than 100, it indicates that the dollar is stronger and if it is lower than 100, then it means that it is weaker than what it was in 1973. The value of the index also indicates the level to which the US dollar is stronger or weaker. Therefore if it has a value of 95 percent, the dollar is weaker by 5 percent and if the value is 110, then it is stronger by 10 percent.

    Factors Used to Calculate the USDX

    The specific manner in which the USDX is calculated is complex. However, traders don’t need to calculate the value on their own. What they should know, however, is that the USDX is calculated based on the US dollar value vis-à-vis various other global currencies. These currencies are the Euro, the Great Britain Pound, the Canadian Dollar, the Japanese Yen, the Swiss Franc and the Swedish Krona. The index is also not a simple comparison across these currencies. The index is based on a weightage given to each of these currencieswith the Euro having the highest weight.

    Using the USDX

    Those who trade in bonds, currencies, gold and futures look to the USDX to make their investment decisions. This means that even when traders are not dealing in USDX futures, they are eager to know the direction and the rate at which this index is moving. There are various reasons for this.

    • Those who trade in gold know that falling gold prices are highly correlated with the USDX. This means that one can almost predict the manner in which the gold rates will go with the help of this indicator.
    • Those who deal in bonds are aware of the manner in which the USDX is related to bond yields. When there is an imminent global crisis, the demand for the USD increases. This makes the USDX higher in value, something that also indicates a lower bond yield.
    • For Forex traders, the USDX is an important indicator since it shows the strength of the dollar in relation to the global currency market. Since the USDX is calculated with a high Euro weightage, it is said that the indicator is immensely helpful for those dealing in the USD/EUR currency pair.
  • Dubai Gold Rate touches the lowest as compared to the past three decades

    Dubai Gold Rate touches the lowest as compared to the past three decades

    Dubai Gold Rate touches the lowest as compared to the past three decades

    Gold had been one of the bright investments for the investors in recent. After Economic recession hit the world’s largest economy, the world market saw a large number of investors migrating to gold. Past two years gold rates had shot up to the sky, with increasing number of big and small investors taking up gold as secure and long lasting asset. Entrepreneurs from all over world gather at Dubai for international conferences to decide the prices in different carats and also to exchange views on its market scenario.

    The yellow metal turned down all investors as in April Gold Market saw deep din gold price which was almost by 15% from January 2013.

    European economy effects Gold Price

    • Earlier in 2011, Gold prices shot up as US economy was facing the greatest economic crisis of the times. Market experts say that the Economic condition in Europe which in turned declined the value of the Euro is the cause of the latest trend in gold Market.
    • Investors who are leaving gold and the Euro is migrating to US Dollars, as there are improvements in the US Economy.
    • Compared to the all time high price of gold in 2011, Gold seems a have lost 30% of its price in mid of April.
    • The gold decline started when   a huge selling order was placed with a big investment bank which set off a tremendous downfall in the Gold price.
    • All in all, with Europe’s unstable economy and heavy selling by big shots led to decline of the gold price.

    Dubai Market reacts to Gold Price:

    Dubai is one of the highest traders of gold. Dubai gold is also known for purity and Dubai is one largest market of Gold Bullion.

    1. Investors avoid Gold

    The current Dubai gold rate hit the investors and gold retailers in Dubai.  The demand of Gold among the Dubai investors decreased. The Gold retailers who had not forecasted this downfall is predicted face losses.

     

    2. Frantic buying by end customers:

    Even though the price of gold would have hit investors on the other said this had turned events in positive for end Customers. With decrease in Dubai gold rate; people were found rushing to Jewelry shops and hysterically buying gold jewelries and Bullions. Many shops reported high demand for Bullions and coins. Indians, the highest consumers of gold in world, were stopping in the shops to accumulate physical gold. This shows end customer’s stiff finds gold as adornment and as an investment.

    Analysts are skeptical about the upcoming trends in Market. Some experts say that the current trend in the US economy may not be much more promising which can change the gold trend. Another view of market experts is that   investors may not prefer gold for the upcoming months of 2013. The gold has lost its shine for a time being making paper currencies much preferable investment. Dubai gold market can also view low investments, but physical buying of gold would   all across the world.

  • Gold futures rise due to the actual demand in Dubai

    Gold futures rise due to the actual demand in Dubai

    Gold futures rise due to the actual demand in Dubai

    Pay large turnout on the actual purchase of gold in Dubai futures prices for the precious metal to climb registered its highest weekly gain since 2011.

    Prices have jumped gold futures for June delivery half percent to $ 1.469 an ounce yesterday on the New York Mercantile Exchange, reaching its weekly gains to 5.3 percent.

    The head of currency trading and minerals in the company «MKX» Bernard Sen in Geneva, that the strong demand for gold in Dubai and China was behind the rise in prices.

  • Gold is at its worst since 2011 after shrinking the role of investors

    Gold is at its worst since 2011 after shrinking the role of investors

    Gold is at its worst since 2011 after shrinking the role of investors

    Gold heads the largest monthly loss since December 2011, and shrank the number of products traded for the most ever.

    Gold fell for immediate delivery as much as 0.5 percent to $ 1,469.05 an ounce, and traded at $ 1,470.63 11:54 am.

    In Singapore. Has been set for gold 8 slices percent in April after falling in the market. Prices fell 14 percent in two days to April 15. The most since 1983. Gold rose for the month of June 0.2 percent to $ 1,469.80 an ounce on the Comex in New York

    . The trading record low rate 168.22 metric tons in April, heading for the biggest monthly decline, according to data compiled by Bloomberg, while prices rose 11 percent from two-year low of $ 1,321.95 on April 16 also expands the scope of the demand for the currency and jewelry.

    Continue to holders of gold exchange-traded funds to liquidate holdings, said James Steel, analyst at HSBC Securities “… in all parts of the world will limit the trading volume and the actual demand for precious metals”

    Gold jumped 4.2 percent last week, the most in 15 months, due to the mintage in the United States, and Australia to the United Kingdom rose after prices fall.
    Increased access to the main contract in the Shanghai Gold Exchange to a record high last week, while insurance premiums jumped supplies in India to five times higher than the level before the downturn. India and China is the largest consumer in the world.

    Silver fell 1.1 percent to $ 24.2995 an ounce, 15 percent less than this month, the worst loss since December 2011. Platinum fell 0.5 percent to $ 1,502.80 an ounce

    . And palladium rose 0.3 percent to $ 701.90 an ounce, down 9.1 percent this month, its worst performance since May.

  • Safest way to buy gold

    Safest way to buy gold

    The safest way to buy gold

    Dubai Gold – Hundreds of years ago, and gold is the destination was only one of the metals to people in many countries, cultures and religions.

    Purity, beauty and ability to withstand economic cycles has kept the appeal of precious metals.

    Recently, gold has become an important part of successful investor leaves, and there are different ways to invest in the yellow metal to create a thriving investment portfolio through diversification and the presence of a large group of assets.

    When considering investment in gold, you must first consider in determining what your goals are and in related investment.

    As it’s also a good idea that you have left all that exists and is required to be aware of your situation current fiscal year.

    Most investors kept between 30% – 5% of the total net assets in gold, the safest way to invest in gold first decide the motive behind this investment, if you are using gold as a form of financial insurance, saving plan or implementation of portfolio work.

    Gold bullion and gold coins be in the least amount of risk. With all central banks all over the world each of them saves varying amounts, due to the limited value of gold as a currency. In the end assets of gold is the best safe haven and provides protection against inflation, which is very important in the current economic climate.

    Gold rose in recent years, and in particular has witnessed a remarkable increase of bullion coins and bullion.

    When deciding to invest in gold feature in it is to take the actual property, if you want to be to take the gold or you can choose that gold is stored in locked cabinets.

    It is recommended that when you buy a large alloy that gold store in locked cabinets.
    There is a more dangerous way to invest in gold, but with the potential to yield a higher return So digital gold is also known as the Golden paper.

    Some companies offer the opportunity to buy and sell gold easily comparable to the exchange, in any case an important point, this type of investment does not need to comply with banking regulations and as such may leave you exposed to risk.

    So if you are thinking of investing in this area it is wise to you a great Bakdra of market research before hand.
    The bulk of the investment risk is an investment gold as a derivative, can this method also includes spread betting and futures / options include speculation on the price of gold in the future, investing in gold in this way, it means you do not have gold directly and as such have no right in the possession of gold.

    Gold protects you against unexpected disasters macroeconomic, geopolitical risks such as wars, political instability, when looking at the past 5 years of economic Hithalmnach and gold continued to in speculator rise many of the other investment options.

  • Are Gold Prices Reaching the Bottom?

    Are Gold Prices Reaching the Bottom?

    Are Gold Prices Reaching the Bottom?

    It is hard to tell whether a commodity has reached its bottom price or not. Considering this July’s trend, the cost of gold has seen such decline that it’s impossible not to wonder whether this is the lowest it gets to or not. Mining investment strategists are being constantly asked this question.

     

    Why One Shouldn’t Worry about the Market Bottom

     

    Timing a market is not something that can be done, though, which renders the questions useless.

    There is the well-known story of Doug Casey and about the bottom ticking of the market in the ’70s. Doug Casey worked as a broker and had to deal with a client’s order who later denied the purchase. The broker committed to his own advice and purchased the shares then in his name. Right at that moment the market hit the bottom. Doug Casey, however, had no idea of what was happening with the market that day. He knew about the good prices and the fine stocks, but that was all about it. In any case, it was enough to make a clever speculation.

     

    In 2001, a similar event happened. It was another bottom for the market; Sprott Global’s Rick Rule was very early with his investment, considering the bottom. However, the return was a stunning 20:1. Rick Rule did not try to time the market; his only interest was to buy for a low price. Therefore, one can make a great amount of money without even trying. No speculation is the guarantee to getting rich.

     

    The Winning Scheme Today

     

    Sometimes we have to choose between preserving money and making money. When choosing the first, we make no speculation and no move on the market. Casey Research has been recommending a special model designed for the crisis, which would consist of:

     

    • 33% equities,
    • 33% liquidity,
    • 33% gold.

     

    Some who are aware of the gold price in Dubai today are investing much more in gold, because trends, experience and past events have shown that such moments are ideal for an investment in precious metals.

     

    Soaring Demand in Asia

     

    This is a time for intense speculations. Many prefer to keep an eye on the gold price in Dubai today because the Asian market is where a lot of moves are happening at the moment. The gold demand in Asia is about to hit a record. The World Gold Council has confirmed the trend and Western investors became confused by this situation. The physical gold demand grew a lot stronger. In the second quarter of the year, more records are expected. In April, net gold imports into China were up to 170 tonnes and could go beyond 800 tonnes. In India, the demand is expected to be between 860 and 960 tonnes, as it was forecast for this year.

     

    Letting the Asian Market Inspire the Next Move

     

    Here is another tip from seasoned investors and financial observers: you can analyze an Asian market – for example you may check the gold price in Dubai today to see the trends and the current situation. It will inspire you greatly in your next move. You will compare the costs and also see the demand. The physical demand is not going anywhere lower, on the contrary. The next trend report will be published by the Council in mid-August. Starting with the historical moment if this April, the Western gold community is no longer that relevant when it comes to gold costs. It is the Asian era now. The paper markets in the east will also be going stronger than those in the west. The Easterners are buying gold regularly. Take a look at a daily gold chart and you will see the truth in this analysis.

     

    Price Guidance Is Essential

     

    There is much to learn from the Eastern charts, as Asia knows a real exposure to gold. If you take a look at the gold price in Dubai today, you will see the low values. Yet, the investors believe this won’t stay like this and the costs will begin to increase again. The US investments had a great involvement in the spring sudden drop, but now the wheel is turning and the East is making its influence known.

     

    There is still plenty of time to take advantage of the good deals. It doesn’t really matter where the bottom is at this point; it is the cost and the opportunities. It is time to assess the situation. Keep in mind that buying low is not risky. You can start doing your own research and firstly you need good price guidance for this. Begin by reading the available news and watch the gold price in Dubai today.

  • Dubai’s index rises above 2000 points for the first time since 2009

    Dubai’s index rises above 2000 points for the first time since 2009

    Dubai's index rises above 2,000 points for the first time since 2009

    Dubai Mercantile Exchange closed above the 2,000 points level on Tuesday for the first time since November 2009, supported by optimism on corporate results also closed most of the other markets in the Gulf to rise as well.

    The Dubai Financial Market index rose 1.8 percent to 2021 points, breaking the psychologically important barrier to its gains since the beginning of the year 24.6 percent. The index has achieved the best performance in the region in 2013, thanks to growing optimism about the emirate’s economy as the real estate market recovers from the crisis experienced in 2009-2011.

    Trading volume on Tuesday to 255.1 million shares.

    The said Marwan syrup vice president and chief trader بجلف Mena Investments “Beyond the level of 2000 points, with the values ​​of trading it would be a good step towards the second big rally of the year.”

    Attention was focused in trading Tuesday on the small-cap stocks as shares rose Air Arabia 4.1 percent and Dubai Investment shares 3.6 percent. The two arrows were the most actively traded in the market.

    The shares continued to rise as financial institutions rose Emirates NBD 2.5 percent to its highest level in nine months, while the Dubai Islamic Bank shares two percent shy of its highest level in three years.

    In Abu Dhabi, has made banking stocks also performed well, rising Abu Dhabi Commercial Bank 4.9 percent, its highest closing level since August 2008, while the Union National Bank 4.2 percent.

    Shares of First Gulf Bank 2.3 percent to 15.40 dirhams, surpassing the level of technical resistance, according to Global Investment House (Global).

    Global said in a note “If you have been trading above 15.17 AED expect to continue to rise the price target we set at 15.63 and 16.20 AED in the coming sessions.”

    The index rose Abu Dhabi’s 1.1 percent to its highest close since October 2009.

    After the market closes National Bank of Abu Dhabi has announced the largest bank in the United Arab Emirates by market value, it achieved an increase of 35.5 percent in net profit for the first quarter of the year, stressing the strong trend of the results of the banks.

    The bank’s net profit reached 1.41 billion dirhams ($ 383.9 million), surpassing the average forecast of 1.09 billion dirhams But that jump came thanks to income from investments and fees, while lending growth remained modest

  • Dubai Gold and Commodities poses a smaller contract of Indian Rupees

    Launched the Dubai Gold and commodities in a bid to expand its product offerings Indian rupee has Indian Rupee futures contract smaller “Dnerm” to be the first decades of its kind in the region and outside India.

    The new contract tenth the size of holding Indian Rupee futures trader currently in Dubai Gold and Commodities will support this type of contract smaller adapters funds and individual investors and small and medium enterprises in the management of currency risk that can be exposed to the Indian rupee in an effective manner in terms of cost.

    The new contract is worth 200 thousand rupees, compared with 2 million rupees for the main contract, the Indian rupee is currently rolling in the stock market.

    Apart from the mini size is similar to the contract with the normal nodes in all aspects, including the daily settlement price will depend on the price of the U.S. dollar adopted by the Reserve Bank of India.

  • Low Gold Prices Jump Gold Sales  By 60% in Abu Dhabi

    Low Gold Prices Jump Gold Sales By 60% in Abu Dhabi

    Low Gold Prices Jump Gold Sales Abu Dhabi By 60% in Abu Dhabi

    Said General Manager of al jazera Jewelry Hamad Al-Awadhi that The past few days have seen demand heavily on buying bullion and gold jewelry by the public, due to the sharp drop in gold prices globally, adding that demand sudden and abnormal increase sales stores gold jewelry is more than 60% from what it is it In the previous regular days.

    Al-Awadi said in a statement to “Gulf news”: “We have seen an extraordinary demand for the various types of gold, both went for the purpose of investment in the form of ingots, or for use in the form of Jewelry, but that the biggest demand was on the gold bullion.”

    Sales of various shops since last week and even today by between 50-60% due to the large turnout of purchase for the purpose of investment and exploitation of a global decline in the price of gold.

    Believes that the decline in gold prices is due to two reasons: the announcement of some States directed to sell part of its stockpile of gold in order to provide liquidity, and the second reason is due to the existence of the movement of speculative large by investors has caused the decline in gold prices by a large margin, and seeks those from behind to collect gold again and thus higher prices later and achieve rewarding returns and profits.

    Awadi said: “We did not expect a sharp drop in gold prices as has happened recently, along with the overwhelming response from the public to purchase.”