Wednesday 28 January 2015
 
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Gold

Gold near 4-month high on safe-haven bids

Gold held close to a four-month high on Monday as uncertainty in global markets pushed investors towards the safe-haven metal, with holdings in the top bullion fund recording their biggest jump in nearly five years. A market rout

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Gold set for biggest weekly gain on risk aversion

Gold has steadied on a modestly higher dollar but looked set to post its biggest weekly gain in 10 months as investors sought safety from volatility in wider markets after Switzerland unexpectedly abandoned a cap on the Swiss franc.

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Gold jumps to 4-month high on tumbling shares

Gold rose more than two per cent to a four-month high on Thursday as European shares and the dollar turned lower after a shock move by Switzerland to abandon its three-year cap on the franc sent Europe's shares and bond yields tumbling.

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Gold climbs as investors seek refuge from volatility

Gold hit a 12-week high on Tuesday as investors sought refuge from turbulence in stock and currency markets after crude oil prices slid to a near six-year low. The gold price peaked at $1,243.60, its highest since mid-October, bef

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Dubai set to explore gold trade in B2B space

Dubai is set to explore its chances in the business-to-business (B2B) jewellery space, by offering its finely crafted collection to business clients in overseas markets, according to a report. Its first step is in the hosting of V

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Gold climbs on weaker dollar, oil

Gold rose on Monday to its highest level in a month because of weakness in the dollar and a further decline in oil prices which sparked safe-haven bids for the precious metal. The dollar dipped after an unexpected fall in US wages

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Gold falls further as dollar, equities strenghten

Gold added to overnight losses on Thursday as strength in the dollar and equities plus robust US economic data reduced the metal's appeal as a hedge, triggering further outflows from the top bullion-backed fund. Spot gold ease

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Gold climbs to 3-week high as investors seek safety

Gold hit a three-week high on Tuesday as sliding oil prices knocked stock markets and concerns simmered over Greece's future in the euro zone, prompting investors to seek out bullion as a safe store of value. European shares r

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Dubai sets ‘longest handmade gold chain’ Guinness record

The Dubai Gold and Jewellery Group, in collaboration with Dubai Festivals and Retail Establishment (DFRE), has set a new Guinness World Record title for the world’s longest handmade gold chain. The 5.522-km length gold chain

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Oil resumes fall as euro hits 29-month low

The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the US dollar, on expectations that the European Central Bank will soon embark on outright money-printing. Crude prices

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