Friday 22 August 2014
 
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Platinum

Gold hits 3-week high over Iraq turmoil

Gold hit its highest in nearly three weeks on Monday, as turmoil in Iraq supported the metal's safe-haven appeal, while platinum group metals gained ahead of the outcome of wage talks to end a five-month long strike in South African mines.

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Al Basel wins Emaar’s ‘Platinum Award’

Al Basel Real Estate Brokers, a leading real estate brokerage firm and a member of the Al Basel Group of Companies, won the ‘Platinum Award’ from Emaar Properties for crossing the Dh300 million ($81.6 million) sales mark for proper

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New Porsche Cayenne unveiled in Bahrain

The new Porsche Cayenne Platinum edition was unveiled yesterday at the Porsche Centre Bahrain. The 3.6-litre, V6 engine, 300 horsepower new Cayenne is available at a basic retail price of BD26,300 ($69,391), said a report in the G

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TRA supports social media summit

UAE’s Telecommunications Regulatory Authority (TRA) will support the upcoming GCC Government Social Media Summit as its platinum sponsor. Experts will come together at the region’s leading social media summit to share

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Gold steadies near 2-month highs

Gold steadied around two-month highs on Monday on uncertainty about a possible reduction in US monetary stimulus, and supported by the first net weekly flow into the top exchange-traded gold fund in months. Spot gold was down slig

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EIB supports halal exhibition

Emirates Islamic Bank (EIB) is the platinum sponsor for the the second OIC Halal Middle East Exhibition and Congress to be held in Sharjah in December. The halal event, which will be held at the Expo Centre Sharjah from December 1

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Gold goes up; platinum stops after 6-day rally

Gold inched up on Wednesday towards a near two-week high hit in the previous session on expectations easy global monetary policies will continue, while platinum took a breather after rising for six straight sessions to a three-month peak.

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Gold drops to one-month low below $1,700

Gold fell to its lowest in nearly a month on Tuesday on technically driven selling after prices broke below key support levels, with oil prices also drifting lower as investors worried about stalled US budget talks. Gold broke bel

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Gold set for first 3-week drop in over a year

Spot gold prices eked out small gains on Friday after data showed U.S. economic growth picked up in the third quarter, but the metal was heading for its first three-week loss in more than a year on uncertainty over the future of the U.S. Federal

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Gold set for worst May performance in 30 years

Gold rose back above $1,570 an ounce on Thursday as expectations of an Irish vote in favour of Europe's fiscal pact lifted the euro, but this month's sharp drop in the single currency kept the metal on track for its worst May performance i

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