Saturday 23 November 2024
 
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safe haven

Gold stages comeback as equities melt down

Gold'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

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Asian shares fall, safe assets shine as oil retreats

Asian 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

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Gold hits fresh six-month highs

Gold 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

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Safe haven status aids Dubai real estate recovery

  For 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.

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Assad will fall, Arab states offer safe haven: US

Syrian 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

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Assad will fall, Arab states offer safe haven: US

Syrian 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

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Gold hovers below record

Gold 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

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