Saturday 30 May 2015
 
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Gold

GCC Services wins top HSE excellence award

Agility subsidiary GCC Services was named the ‘Gold Award’ winner for the third consecutive year in the ‘Facility and Maintenance’ category of the American Society of Safety Engineers (ASSE) Gulf Cooperation Council (GCC)

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Gold up on softer dollar, but set for biggest weekly drop

Gold rose on Friday as the dollar's rally stalled ahead of US inflation data, but it was still on course for its biggest weekly decline in four weeks. Spot gold rose 0.5 per cent to $1,211.98 an ounce by 1001 GMT. It was down

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RakBank launches gold investment tool

RakBank has launched RakGoldInvest, an investment tool that allows high net worth customer to invest in gold electronically while saving them the hassle of storing and moving the gold, to provide customers with the opportunity to diversity their

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Gold traders in Bahrain hit by acid shortage

Gold traders in Bahrain claim to have been hit by new regulations that restrict the sale of corrosive acids used in their day-to-day business. Both sulphuric and nitric acid are used to test and treat gold and silver, but can also

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Gold edges off three-month high as dollar firms

Gold fell from three-month highs on Friday as the dollar firmed, but stayed on track for its biggest weekly gain since mid-January as a spate of soft economic data dented expectations for an imminent rise in US interest rates. The

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Ma'aden's gold, metals unit gets $320m loan

Saudi Arabian Mining Company (Ma'aden) said its gold and base metals unit had obtained a SR1.2 billion ($320 million) loan from the state-affiliated Saudi Industrial Development Fund to help develop the Ad Duwayhi mine. The lo

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Al Basel Real Estate wins ‘gold’ award from Deyaar

Al Basel Real Estate Brokers, a leading real estate brokerage firm and a member of the Al Basel Group of Companies, has won  a “Gold Award” from Deyaar, a premier regional real estate developer and real estate services company.

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DGCX to set date for spot gold contract launch

The Dubai Gold and Commodities Exchange (DGCX) will announce in two weeks the date for launching its spot gold contract, a senior executive at the exchange said on Monday. "In a couple of weeks we will be able to announce whe

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DGCX to set date for spot gold contract launch

The Dubai Gold and Commodities Exchange (DGCX) will announce in two weeks the date for launching its spot gold contract, a senior executive at the exchange said on Monday. "In a couple of weeks we will be able to announce whe

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Gold market confidence ‘starting to return’

Confidence in the global gold market is starting to return, with the physical market adjusting and taking comfort from the price stabilisation since November, according to a recent survey. The ‘Gold 2015,’ the 49th in

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