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  • Helpful Tips for Purchasing Gold Bullion Coins

    Helpful Tips for Purchasing Gold Bullion Coins

    Helpful Tips for Purchasing Gold Bullion Coins

    Gold coins are in general only sold to the collectors as well as the investors. Gold coins are made up of pure gold or they might contain a part of any alloy metal so that they can resist scratches.

    Collecting gold coins is not only a habit for most of the people but they may also be used by many people for money in various situations.  The factors that may affect the value of the coins include the scarcity of the gold coin, the age of the coin, its overall condition and how many of them were created at the same time.  If you are a novice in the business of gold coins then you must know each and everything about them, about the differences between the types of such coins and you must know what coins are good for collecting and what are good for investing purposes.

    First of all you must know the type of the coin that you are buying for yourself.  For one ounce gold bullion not more then 10% premium should be paid and for half ounce 12% premium above the spot price must be given and should avoid being mislead.

    Quantity of the gold cons should also be kept in consideration because if you are planning to order more gold coins then you would have to pay the price closer to the spot price of the metal means for 100 coins, 7% above spot premium must be paid by you. The size of the coins matters a lot because low weighted coins will cause you to pay high  premium  above the spot price of the metal therefore it is advised to go for a single  one ounce coin rather than two half once coins.

    You must know the best places where your gold coins can be easily stored because after their purchase their storage can be a huge problem for you.  Although gold is susceptible to smudge but it can still get affected by various dents and scratches just like all other metals.

    Therefore you must be aware of such places where your gold is safe and secure and for that reason you can use bank safety deposits boxes which can be a good pace to secure your gold but the bank should be financially strong and should be able to provide you immediate access to your gold when it is needed.

  • What to Keep in Mind While Buying Gold Coins?

    What to Keep in Mind While Buying Gold Coins?

    What to Keep in Mind While Buying Gold Coins?
    What to Keep in Mind While Buying Gold Coins?

    Gold coins are one of the potential forms in which you could get the element and probably make the most out of. Gold coins have been potentially beneficial for the purchasing and even as collectibles because their price range never fluctuates and you can get them anywhere and in any form without a hassle. If you have been purchasing gold coins for some time now, you would know how easy it is to rely on the gold seller but if you haven’t carried it out even once, you will need to keep in mind a few things during the procedure.

    No matter if you are carrying out the process of buying gold coins for the hobby purposes or for the financial reasons you need to know that you are taking the right steps and measurements to do things which will work out in your favor. If you are doing it right, buying gold coins could be a very profitable thing for you and your family.

    While buying gold coins, the very first thing you need to keep in mind is their type. There are several types of gold coins available out there and you should have in your mind the kinds you want to keep.

    If you are just a beginner to the coin collecting hobby, you should start with the ones that are least expensive and move your way up from there. The next thing would be how you want to avail the coins because there are individual and group collections available at most of the retailers feasibly. If you are buying an entire set of gold coins, you will need a lot more money but it will turn out to be proficient and even profitable. The real value of gold coins will be appreciated and enhanced over the years and you are going to realize that once you decide selling them off for something specific.

    Consider the place of origin when it comes to buying gold coins. If you are looking for the local coins, you could get them from any retailer shop but if you are into buying the ancient or historic gold coins, you will have to consider looking upon countries like Greece and Rome and some of the retailers there. The origin of gold coin really influences its value and when you are buying them, you should approach something with higher value and appreciation.

  • Gold Near One Week Low On Strong Shares

    Gold Near One Week Low On Strong Shares

    Gold Near One Week Low On Strong Shares

    Gold fell to its weakest level in nearly a week on Thursday as strong shares boosted demand for riskier assets, while signs the US Federal Reserve’s monetary stimulus programme could be easing towards an end dented bullion’s safe-haven appeal.

    FUNDAMENTALS

    Gold had dropped $4.35 an ounce to $1,553.79 by 0037 GMT, after hitting its lowest since April 5 at $1,553.10. The metal declined more than one per cent on Wednesday in its biggest one-day fall since Feb. 20. U.S. gold for June delivery was at $1,553.90 an ounce, down $4.90.

    Fed officials appeared on course last month to end their extraordinary bond buying stimulus by year-end, suggesting a weak March jobs report may have taken them by surprise.

    Cyprus has to sell excess gold reserves to raise around 400 million euros ($523 million) to help finance its part of its bailout, an assessment of Cypriot financing needs prepared by the European Commission showed.

    South Korea said on Wednesday there was a “very high” probability that North Korea, after weeks of threats of war, would test-launch a medium-range missile at any time as a show of strength.

    MARKET NEWS

    Wall Street’s record closing overnight and growing optimism about the Chinese economy underpinned Asian shares on Thursday, while the Bank of Japan’s bold monetary stimulus kept the yen near fresh lows against major currencies.

  • Investors arrive to «Reem – Emaar » and real estate go up 10% in Dubai

    Reem - Emaar

    crowded yesterday dozens of investors at the offices of Emaar, two days before the deadline for the launch of sales of villas in its new project “Reem – Emaar” which includes 188 home “townhouse” and with prices starting from AED 988.88 thousand.

    To real estate prices rose in some places in Dubai by 10% in the first quarter of this year, according to statistics site dubizzle of electronic commerce.

    The figures indicate an increase in property prices in locations such as Jumeirah Lakes Towers, Dubai Marina, Palm Jumeirah, which also recorded a rapid rise in the rate of sales in the period, the average price increase in housing units 50 thousand dirhams, compared to the first quarter of last year.

    At the same time rents rose in the majority of locations in Dubai, and recorded areas Downtown Dubai and Palm Jumeirah higher altitudes in rents, according to data from the site.

    Said Ann Boethelo Site spokeswoman successful launch of a number of new projects in Dubai contributed to raising confidence and Tazzaha in the real estate market, causing a rise in prices and rents both.

    And She Boethelo that reliable real estate companies such as Emaar Properties has launched a number of new projects in the past six months and received mostly well received by investors and the market.

  • Gold recovered from its lowest level in a week as the dollar falls

    Gold recovered from its lowest level in a week as the dollar falls

    Gold recovered from its lowest level in a week as the dollar falls

    Gold rebounded from the lowest level in a week, which recorded earlier in the trading day Thursday, as the weak dollar-paying buyers to hunt for bargains, though analysts expect that this will be a short-term recovery.

    It is expected to affect the sentiment towards the metal both the potential sale of Cyprus gold reserves worth 400 million euros and external flows of intensive metal traded funds in the stock market and uncertainty about the stimulus program of the U.S. Federal Reserve.

    Gold rose for instant transactions increased by 0.4% to $ 1,564 by the time of 15:05 GMT, after dropping to its lowest level since April 5 at $ 1,553 an ounce in earlier trading. Prices recorded on Wednesday, the biggest daily drop since Feb. 20, to accelerate losses after news of Cyprus plan from the sale of gold.

  • DAMAC Properties launches luxury apartments for sale in Dubai

    DAMAC Properties launches luxury apartments for sale in Dubai

    DAMAC Properties has” announced the launch complex “Lincoln Park,” which consists of a full-service residential apartments on Umm Suqeim Road, will allow the company to its customers access to these distinctive luxury apartments located in the heart of Dubai starting from AED 449 thousand.

    The complex is located, “Lincoln Park,” which will be completed at the end of the current year on Umm Suqeim Road, adjacent to the garden, “Miracle Garden” which was recently opened, and just 10 minutes from the Mall of the Emirates, Sheikh Zayed Road. The project provides upscale family housing environment which is easily accessible to anywhere in Dubai.

    The complex has “Lincoln Park” apartments consisting of one bedroom, and two and three bedroom, enjoy design, inspired by the pattern of “Chicago” urban entrance مزدان decoration and fine details, and flat surfaces surrounded by a fence railing and contain the terrace is designed with all the taste and care, and was “Damac Real Estate “has recently announced its plans to complete the 3,328 apartment across the region by the end of 2013.

    The complex “Lincoln Park” The fourth project launched by “Damac” during this year, where it has launched a project “Damac ريزيدينسي” in “Dubai Marina” and “Damac Askkloseva” in Riyadh, Saudi Arabia, which will house Italian fashion famous “Fendi “completion of all the interiors are, besides, the company launched the project” DAMAC Towers Bay Paramount “, which includes hotels and luxury apartments integrated services in the heart of the tower in Dubai.

    Referred to as the “DAMAC Properties” yet completed construction of 37 building comprises 7,817 real estate unit covers an area of ​​13945299 square feet. The company is also developing an additional 66 projects in various stages of construction operations in the Middle East and North Africa. These projects include the 12,100 real estate unit.

  • Gold is recovering from its lowest level in a week because of Korea

    Gold is recovering from its lowest level in a week because of Korea

    Gold is recovering from its lowest level in a week because of Korea

    Gold recovered on Thursday from its lowest level in nearly a week since boosted the escalation of tension on the Korean Peninsula, some of the demand for gold in Asia, but is likely to limit the gains of uncertainty on the program of the Federal Reserve (Fed) stimulus.

    As you press the large flows of index funds that deal in gold bullion for the precious metal as well as the rise in stock markets and Cyprus plan to sell the surplus of its gold reserves to help finance part of a plan to save its ailing economy.

    By 0606 GMT, gold record the lowest level since the fifth of April at $ 1553.10 an ounce before climbing to $ 1560.41 an ounce, up $ 2.27.

    Gold fell more than one percent on Wednesday in the biggest loss suffered in a single day since Feb. 20.

    Gold rose U.S. June delivery $ 1.50 registered $ 1560.30 an ounce.

    Among other precious metals fell spot price of silver 0.14 percent to a record $ 27.57 an ounce.

    Platinum fell 0.15 percent to $ 1520.74 an ounce, while palladium hostel 0.35 percent to $ 716 an ounce

  • PRECIOUS-Gold drops 1.5 pct on Fed stimulus fears, Cyprus

    PRECIOUS-Gold drops 1.5 pct on Fed stimulus fears, Cyprus

    Gold fell 1.5 percent on Wednesday, its biggest one-day drop in 1-1/2 months, hit by signs that the U.S. Federal Reserve is inching closer to ending
    its monetary stimulus program and by Cyprus’s plan to sell its gold reserves to raise cash.

    Panic selling sent gold down to near $1,550 an ounce earlier in the session after European Commission documents showed Cyprus plans to sell 400 million euros worth of gold reserves to finance part of its bailout.

    The metal later rebounded off its low as fears of more official-sector sales subsided. Central banks as a group had turned net buyers since 2010 as more emerging economies have added gold to their reserves as a hedge against credit risk.

    Gold was also under pressure after minutes from the U.S.

    Federal Reserve policy meeting in March suggested it was on course to end its extraordinary bond buying stimulus by year-end.
    “The loose monetary policy around the world is clearly favoring more on equity investments instead of gold,” said Michael Cuggino, portfolio manager of the $15 billion Permanent Portfolio Funds.

    Spot gold was down 1.6 percent at $1,559.80 an ounce by 3:29 p.m. (1929 GMT), its biggest one-day decline since Feb.

    U.S. Comex gold futures for June delivery settled down $27.90 an ounce at $1,558.80 an ounce.

    Trading volume was about 20 percent below its 30-day average, preliminary Reuters data showed.

    The March payrolls report, which was released after the FOMC meeting was held, showed weakness in the U.S. labor market, prompting some analysts to express doubts about the probability of the Fed reducing, or ending, its bond-buying program early.

    While the S&P 500 rose to a record high on Wednesday and was up 11.4 percent year to date, gold was down 7 percent in the same period.

    CYPRUS SELLS GOLD RESERVES

    Gold’s losses snowballed after news of the Cypriot plan to sell its gold, which marked the biggest euro zone bullion sale in four years.

    Although the third Central Bank Gold Agreement (CBGA3) limits how much gold euro zone central banks can sell to meet financing needs, investors are now worried other heavily indebted euro zone members may also start selling.

    “The amount mentioned, 10 tonnes, is not large – we’ve seen that on average come out of exchange-traded funds this year every week,” Macquarie metals analyst Matthew Turner said.

    “But it’s the first euro zone country to have said it will do this for a while,” Turner said.Softer investor confidence in the metal after a fresh
    outflow from the world’s largest gold exchange-traded fund and a second cut in Goldman Sachs’ gold-price forecast in less than
    two months also weighed on prices.

    “Funds are starting to think about their gold positions,” said David Lee, metal trader at Heraeus Precious Metals Management.
    Among other precious metals, silver dropped 1 percent to $27.65 an ounce, after it rallied 2.5 percent on Tuesday for its biggest one-day rise since mid-February.

    Palladium was down 0.8 percent at $718, sharply off an earlier three-month low, and platinum dropped 1.4 percent to $1,525.74 an ounce.

  • What is the secret change in investors appetite for silver

    What is the secret change in investors appetite for silver

    What is the secret change in investors appetite for silver

    The report of the weekly U.S. futures latter, showed the results of this type of report give traders and investors for silver again, something that has pushed silver to the recent decline to below $ 30 levels to reach the threshold levels of $ 27.00 per ounce.

    In the latest report, which was announced last week, on Friday, 5 – April -2013, we have seen significant changes pose a threat to the movement of at least a silver in the next few weeks. Where and as shown on the drawing, increased sales contracts dramatically to near the levels of 30,000 contract for the sale in the Chicago Mercantile Exchange in the United States, while Aaddt procurement contracts to fall again from levels of 50,000 almost a decade to levels of 40,000 held in a few weeks, too, which led to decrease the difference between the purchase contracts to sales contracts to fall also levels of 42,000 contract to levels of 8,000 held so far and still the difference so far credited, but at dangerous levels indicate near overcome sales contracts on the purchase contracts, which could give new signal For more losses in commodity prices, especially precious metals.

    Technically now, tested price of silver levels average 50 months on the monthly level (not daily) for the first time since 2009, almost as tested also levels average 200 a week at the weekly also for the first time since 2009 as well, which led this test to new heights in that period reached the silver prices to historic levels.

    At present, the technical indicators mostly on daily and weekly and monthly level also indicate the imminent arrival of silver prices to the levels of the bottom of the new before returning to rise again, as the silver in the end is a precious commodity, it is true that it is not as gold, but they remain good precious to now, and prices are expected to continue during the coming period silver above $ 25.00 per ounce, which we expect to be the new levels for silver before seeing more and return to the gradual rise again.

  • Real Estate Dubai rise 19% during the first quarter of this year

    Real Estate Dubai rise 19% during the first quarter of this year

    The real estate sector index in DFM rose during the first quarter of this year increased by 19.8%, with the sector index closed the last meeting of the month of March at the level of 4017.44 points gains of 664.76 points, compared with the close in the last meeting of the year 2012 at the level of 3352.68 points.

    It is clear from the chart that the index of the real estate sector recorded the highest level during the first quarter of the year at a meeting February 25, 2013 the last where he arrived where at 4511.55 points, while the lowest levels of the index the real estate sector during the year was in the month of January, specifically in the session 14, and was at 3699.55 points.

    The performance of the real estate sector during this period compatible with the performance of the Dubai Financial Market Index during the same period, where the market index rose during the first quarter by 12.7% gains of 206.71 points, and the closure of Dubai’s index the last sessions of 2012 at 1622.53 points, compared with the close in Recent sessions last March at the level of 1829. Points.

    Real Estate Dubai rise 19% during the first quarter of this year

    At the level of performance of DFM sectors during the first quarter 2013, the real estate sector came in third place among the rest of the market higher, rising during this period, 6 sectors and declining sectors only, and settled the rest, came on top of these elevations telecommunications sector, up 34.9 %, followed by the services sector with 24.8% growth, whereas declines we issue the insurance sector, down 12%, followed by the industrial sector to a loss of 0.34%, and settled goods sector.

    AED 32 billion sector trading value during the quarter

    Real estate sector recorded a total trading value amounted to AED 9.6 billion during the period ended March 31, 2013, accounted for 45% of total market turnover in the same period, amounting to about 21 billion dirhams.

    As for the total volumes traded real estate sector during the first quarter of this year, it was 4.3 billion shares, to ستحوذ sector accounted for 32.4% of the total market trading volume during the past year, which amounted to 16.7 billion shares.

    “Advantages” tops the heights sector .. and “lands” biggest loser

    With regard to the performance of shares of the real estate sector over the first quarter of the year 2013 has achieved a 4 shares rose top of shares “advantages”, which rose by 56.6% by reaching the level of 1.170 dirhams in last March, compared to close with the last meeting of the year 2012 at the level of 0.747 AED , followed by “reconstruction”, up by 34.4%, having reached a level of 5.120 dirhams in the last meeting of March 2013, compared to AED 3.810 year-end 2012.

    The declines have been limited to two shares only during the past quarter issued shares “Deyaar Development”, which fell by 10.56%, closing the last session of the month of March at 0.322 dirhams, compared to close the last session last year at 0.360 dirhams, followed by “Arabtec” down rate of 7.14% at a price of AED 2.080 compared to AED 2.240 at the end of the year 2012.