Friday 4 September 2015
 
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metal

Gold spinning its wheels as hedge funds flee

The sentiment in gold and other metal markets has been turning increasingly negative during the past month, according to an expert.   Ole Hansen, head of commodity strategy at Saxo Bank, said that no signs of inf

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Imdaad, WMS to install waste separation system in Dubai

Imdaad, a leading provider of integrated facilities management solutions in the GCC, has forged a strategic new partnership with WMS Metal Industries, a local company that specialised in the design and manufacture of environmental products, on t

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Imdaad, WMS to install waste separation system in Dubai

Imdaad, a leading provider of integrated facilities management solutions in the GCC, has forged a strategic new partnership with WMS Metal Industries, a local company that specialised in the design and manufacture of environmental products, on t

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Cortec offers nitrite-free CorShield VpCI papers

Cortec, a leader in environmentally friendly VpCI corrosion protection, is offering Nitrite-free CorShield VCI/VpCI-146 paper that complies with various international, federal and state regulatory requirements. This high technolog

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Gold falls on dollar after7-day rally, set for weekly gain

Gold fell on Friday, snapping a seven-day rally as the dollar rebounded after Federal Reserve officials signalled they remained on track to raise rates this year, but the metal still looked set to post its second straight weekly gain.

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Gold up on lower shares, poised for 3rd weekly decline

Gold rose as lower European shares boosted demand for assets perceived as safe, but the metal looked set to post its third straight weekly loss, weighed down by a strong dollar. Spot gold was up 0.3 per cent to $1,185.70 an ounce

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Gold falls for a third day after oil drop

Gold fell on Friday on the back of a slump in oil prices, with strength in the dollar piling further pressure on the metal ahead of a referendum on the management of Swiss bullion reserves this weekend. Oil prices posted their sha

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Kaloti’s lab accredited by Dubai Municipality

Kaloti Precious Metals, a leading gold and precious metals refiner and trading house, said its precious metals testing laboratory in Dubai, UAE has been accredited by the Dubai Accreditation Department, part of Dubai Municipality.

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Kaloti’s compliance with DMCC guidelines audited

Kaloti Precious Metals, a leading gold and precious metals refiner and trading house based in the UAE, has completed a voluntary reasonable assurance audit of the company’s precious metals supply chain, the company said. Con

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Ma'aden plans $1.5bn rights issue

Saudi Arabian Mining Co (Ma'aden) will seek shareholder approval for a 5.6 billion riyals ($1.49 billion) rights issue to help expand its operations, the company said on Thursday. Ma'aden will use the money to expand its p

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