Tag: Dubai Gold Trading

  • Dubai Gold Share Up 48% World’s Gold Trade

    Dubai Gold Share Up 48% World’s Gold Trade

    Announced CEO of the Center for DMCC Ahmed bin Sulayem, the Emirate of Dubai raised its share of the global gold trade to 48% of the total global gold trade, and they joined the City “Ontwerab” Belgian sit on the throne of global trade of diamonds, has also succeeded in cornering 60% of the tea trade worldwide.

    He said Bin Sulayem said in remarks published by the newspaper “the statement” the UAE, the number # of companies registered in the Jumeirah Lakes Towers free during the first six months of this year reached 1027 company, an increase of 30% from the same period during the last year, bringing the total number # of registered companies 8865 Company. He predicted that the number of companies registered to # 10 thousand companies during the year 2015.

    He pointed out that Dubai’s position as a trading hub, has been enhanced thanks to the continued flow of goods across the emirate in a strong, rising value of gold, which passes through Dubai in 2013 to 75 billion dollars, compared to about 70 billion dollars in 2012, to assume Dubai so its position as the center World trade gold bullion. Bin Sulayem revealed that the center is planning to incorporate the gold spot during the next two months, expressing confidence that the new contract will attracted the attention of a large part of investors and traders.

  • Gold Prices In Dubai Per 10 gm Down 70 AED

    Gold Prices In Dubai Per 10 gm Down 70 AED

    Gold Prices In Dubai Per 10 gm Down 70 AED
    Dubai Gold Rate – Gold price in Dubai witness decrese in gold price this week as gloabal gold price down .

    Today Gold Prices In Dubai Per 10 gm record 1610 AED down from 1680 AED last week

    22K today in Dubai 152.12 AED and 18 K in Dubai 123.90 AED

    Officials outlets for Jewelry and Craft gold in Dubai and Sharjah confirmed that rises price reflected negatively on sales, especially on the bullion and gold coins, arguing that the continued increase in prices for a period of three weeks, the overall increases of nine dirhams, contributed to the decline in sales at rates ranging between ‬ 10 and ‬20%.

  • What You Should Know Before Trading Gold

    What You Should Know Before Trading Gold

    What You Should Know Before Trading Gold
    What You Should Know Before Trading Gold

    Regardless of whether you’re a beginner or a skilled in the area of ​​financial investment, then you’ve probably learned about social approval of gold as a safe haven for investors. In this article, I will mention some more facts that you should know if you are planning to start trading in Gold trading.

    Gold has provided a substantial basis in the economic market for quite a number of decades already. Implemented in the system. Until recently, gold was used as a tool for buying and selling products. But for being a key element to create jewelry and gold was also some applications in fields such as medicine, electronic, dentistry, etc..

    While still a traditional way of Dubai’s gold trade is happening today, there were some developments in the system that has made the process easier for investors trading. There are a large number of owners of gold and put it in the form of bullion coins to guard themselves against economic uncertainty. Traders use special pads provided by brokerage firms and market access. In this case, the driving force behind the gold price from the supposed position. Exercise of the gold trade is very similar to that of foreign currency trading, but there are a few advantages.

    In the gold trade, traders constantly evaluate patterns of the price of gold. Like the currency, gold dealer buy when prices are low and when you sell at high prices. Online trading eliminates the legwork of having to acquire and maintain the gold. Instead, the trader uses the platform provided by intermediaries to monitor price movements and execute trades for him.

    At this stage, before you jump to the gold trade, we realize that there are some things you need to learn in the beginning. Supply and demand are not only factors that should be taken into consideration. You should also take into account economic performance, debt, currency debasement and other factors. Amazingly, the price of gold increased significantly in times of financial uncertainty and economic.

    Even now consider that you have learned everything you need to start trading, it is important that you have to decide on the sound currency broker for trading with gold. Make sure you put the credibility of the broker at the top of your list when you make a decision. Can your Forex broker manner make or break your success trading even take the time to evaluate until you’re sure that you have the most suitable one.