Sunday 20 April 2014
 
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Gold

Dubai gold trade volumes to grow: expert

Dubai’s gold trade volumes should continue to grow so long as the emerging middle classes in Asia continue to grow and prosper, said an expert.   John Hathaway, a US-based analyst and portfolio manager for

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DGCX to introduce spot gold contract in June

The Dubai Gold and Commodities Exchange (DGCX) plans to introduce a spot gold contract this June as part of its growth as a top trading centre for the precious metal, the exchange's chief executive Gary Anderson said on Sunday.

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Dubai gold centre to tighten sourcing

Dubai's gold trading centre said it would tighten supervision of how the metal is sourced after reports in the British media alleging it ignored international guidelines designed to prevent human rights abuses and underground trade by Africa

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Gold sees longest losing streak in 6 months

Gold edged lower on Friday as the market nervously awaited US nonfarm payrolls data, heading for its longest weekly losing streak in more than six months as equities firmed and optimism grew about the US economy. Investors in gold

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Gold AE signs deal with Gold to go

Gold Arab Emirate (Gold AE), an online trading platform for gold and silver, has signed a deal with Gold to go, the pioneer in direct sales of gold and silver via vending machines.    Under the collaboration

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Gold breaks below $1,300

Gold hit a six-week low on Thursday, breaking below $1,300 an ounce for the first time since mid-February, as speculation that US rates would rise sooner than expected and easing tensions over Ukraine pushed prices down. Selling a

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Gold rebounds from near 6-week low

Gold bounced on Wednesday from its weakest level since mid-February but signs of a recovery in the US economy and an absence of support from the physical sector could limit gains and keep prices in a tight range. In a sign of tepi

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Gold hits 5-week low on firmer dollar

Gold fell to its lowest in more than five weeks on Tuesday, as the dollar edged higher on after a top Federal Reserve official reinforced the likelihood of higher US interest rates in the first half of 2015. In an interview with C

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Gold off 1-month low; US rate hike fears cap gains

Gold rebounded on Tuesday from a one-month low hit in the prior session, helped by short covering and a rise in bullion-backed exchange traded fund holdings, but expectations of higher US interest rates and a lack of physical buying capped gains

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Gold hits fresh six-month highs

Gold rose to fresh six-month highs on Friday and was headed for its biggest weekly gain in four weeks, buoyed by mounting tensions between Russia and the West over Ukraine, and worries over an economic slowdown in China. The metal

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