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Gold stages comeback as equities melt downGold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing oil prices and concerns about the global economy have revived its safe-haven status after years as the dog of global financial More… |
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Asian shares fall, safe assets shine as oil retreatsAsian shares tumbled on Wednesday as oil prices dropped for a third day, prompting investors to seek shelter in safe-haven assets and lifting bonds and gold to multi-month highs. The MSCI's broadest index of Asia-Pacific share More… |
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Gold hits fresh six-month highsGold 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 More… |
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Safe haven status aids Dubai real estate recoveryFor a key to the recovery of Dubai's real estate market, one need look no further than the Burj Khalifa, the world's tallest tower, which rises out of the desert floor of the city's gleaming downtown area. More… |
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Assad will fall, Arab states offer safe haven: USSyrian President Bashar Al-Assad's departure was 'inevitable', a senior US official said, while troops shot dead eight pro-democracy protesters and wounded in 25 at a funeral in the capital Damascus, activists said. The incide More… |
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Assad will fall, Arab states offer safe haven: USSyrian President Bashar Al-Assad's departure was 'inevitable', a senior US official said, while troops shot dead eight pro-democracy protesters and wounded in 25 at a funeral in the capital Damascus, activists said. The incide More… |
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Gold hovers below recordGold held steady below its record high on Tuesday after 11 days of consecutive gains, as growing sovereign debt worries on either side of the Atlantic continued to support sentiment. Gold's appeal as safe haven is likely to extend, as euro More… |
