Gold climbs supported by the dollar decline

Gold prices surged to its highest level in about two weeks, on Tuesday, as the dollar fell against major currencies in the wake of US economic data disappointing raised doubts about the increase of interest rates in the United States this year. And went up in the spot price of gold transactions during the session…


Do Not Be Fooled By Gold Price To Buy $ 1,000 an ounce Here’s why

Do Not Be Fooled By Gold Price To Buy $ 1,000 an ounce Here's why

Negative pressure is still bearish technically and economically on the price of gold list and there is no room to buy more, but I would recommend it short with all upside correction, Negative factors and basic economic: At the forefront of significant progress Greek crisis and the way to resolve the financial stability on the…


Reasons Behind Gold Prices Decline In 2015

It seems that gold has lost part of its luster, which is considered as a safe haven for investors as gold prices fell to their lowest level in nearly five years, experts These declines attributed to the strength of the dollar in addition to rising US indicators except for the continuation of the effects of…


The Perfect Storm That Hit Gold Five-Years Down

The Perfect Storm That Hit Gold Five-Years Down

Commodity markets have seen what has become known as the “perfect storm” caused a drop of gold to its lowest level for more than five years on Monday after he caused a range of factors to put pressure on the precious metal to fall to 1070 levels before returning quickly to stabilize above the level…


Dubai Gold Souk sales hit 5 year low And More Sales For Today Dubai Gold

It was not very difficult to bet on the price of gold in recent times with prices declining steadily over the past few years. But the decline on Monday, the metal plunged Ookther even than analysts predicted. The gold fell in Asian trading for the sixth consecutive day, losing 4.2% after arriving to the lowest…


Gold Rate UAE Today

Gold prices hit yesterday a rise ranging between three and worth 4.25 dirhams per gram of different calibres, compared to prices last weekend, according to published rates in Dubai and Sharjah. According to officials shops to sell gold jewelry in the two emirates, that the new price rises increased from sluggish sales suffered by finally…


Gold rises from the lowest level in 6 weeks with anticipation the US employment performance

Gold rises from the lowest level in 6 weeks with anticipation the US employment performance

Gold prices rose from their lowest level in six weeks during trading on Monday, supported by weak economic data in China, in anticipation of the performance of the employment sector in the United States. The Foundation announced “Market” Research said its index of manufacturing purchasing managers in China have recorded a decline to 48.9 points…


Gold continues to recover with high momentum purchasing

Gold continues to recover with high momentum purchasing

Gold opened weekly trading on the rise, reaching the level of $ 1184 an ounce during Asian trading and afternoon gold could be blamed level of $ 1191.20 and this came with high purchasing momentum and as investors after the decline witnessed in the precious yellow metal over the past week. But experts and analysts…


Gold Prices Drop Ignoring US$ Weakness

Gold Prices Drop Ignoring US$ Weakness

Gold prices fell during the US session ignoring weaker US dollar index for the sixth consecutive session, according to the inverse relationship between them following the developments and economic data that Tbanha Thursday for the largest economy in the world, which showed lower jobless claims to their lowest level since 2000 in addition to the…


Gold price jumps to $ 1213/oz

Gold price jumps to $ 1213/oz

Spot gold jumped 1 per cent on Tuesday afternoon, according to Greenwich Mean Time, and reached its highest level in three weeks, from stable to $ 1213.1 an ounce. It came after the price of gold rose earlier Tuesday to more than $ 1,200 an ounce, driven by the decline in the dollar before the…