Gold

Gadgets UAE

Caviar unveils customised iPhone range in Dubai

News Desk 09/03/2025

Including gold-plated version Dubai-based tech-luxury brand, Caviar, has launched some of its most extravagant customised iPhone models in the UAE, including a gold-encrusted version and a stunning device adorned with an authentic tourbillon function. The Tourbillon Carbon Gold, one of the most

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Gold Near All-Time High as Investors Brace for Impact of Tariffs and Economic Data 

PR News Desk 06/03/2025

Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however, tariff uncertainties and a rising supply outlook capped gains. Brent futures were trading up 39 cents, or 0.56%, at $69.69 a barrel by 0416 GMT, while U.S. West Texas Intermediate crude (WTI) futures climbed 39 cents, or 0.59%, to […]

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Oil Drops, Bitcoin Stabilizes, Gold Surges Amid Trade Fears – Century Financial

PR News Desk 05/03/2025

Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns that US tariffs on Canada, Mexico and China will slow economic growth and hit fuel demand. The Organization of the Petroleum Exporting Countries and its allies including Russia, a group known as OPEC+, […]

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Stagflation and geopolitical tensions fuel renewed demand for gold – Saxo Bank MENA

PR News Desk 05/03/2025

Global financial markets are on both a technical and an emotional edge as Trump’s tariffs have gone forward, and speculation swirls that he will announce something particularly dramatic in a speech later today. Given the recent movements across the US stock market and the dollar—which has weakened instead of rising—there is growing speculation that we […]

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Gold Prices Edge Higher Amid Economic Uncertainty, With Focus on US Data and Fed’s Next Move

PR News Desk 26/02/2025

Gold prices have edged slightly higher after a sharp decline from near all-time highs yesterday as economic uncertainty and ongoing fears of instability around Donald Trump’s tariff plans provide some support to the yellow metal as a safe-haven asset. However, movements remain more or less rangebound. The US consumer confidence fell the most since August […]

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Crude Oil, Bitcoin and Gold Face Market Pressures Amid Global Uncertainty and Technical Challenges – Century Financial

PR News Desk 24/02/2025

Hedge funds are turning less optimistic on crude oil’s prospects, trimming net-bullish bets in a further sign of market softening.Net-long positions for US marker West Texas Intermediate fell for a fourth week to the lowest since October. The corresponding measure for global benchmark Brent was dialed back by the most since December in a third […]

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Gold Near Record Highs Amid Geopolitical Tensions; Markets Soar as S&P 500 and Nasdaq Hit Records – Saxo Bank

PR News Desk 20/02/2025

Macro: Commodities ·       Gold hovered near record highs at $2,935 an ounce due to geopolitical tensions, despite the Fed’s rate stance. Concerns grew as Trump suggested pulling US support for Ukraine after Russia’s 2022 invasion, urging Zelenskiy to swiftly negotiate with Russia. ·       Oil prices

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Gold Hits All-Time High as Safe-Haven Demand Grows Amid Geopolitical Tensions – Century Financial

PR News Desk 20/02/2025

Oil prices steadied following a series of modest gains, as an industry report highlighted another increase in US crude stockpiles, adding to the ongoing uncertainty over global supplies. The industry-funded American Petroleum Institute reported a 3.3 million-barrel increase in US commercial inventories last week, which would be the fourth week of builds if confirmed by

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COT Report: Crude, Gold and Grains See Mild Profit Taking– Saxo Bank MENA

PR News Desk 19/02/2025

Forex: In the forex market, speculators sold USD at an accelerated pace, leaving the gross long versus eight IMM futures down 15% on the week but still at an elevated level of USD 26.5 billion. All the major currencies, except EUR, saw net buying, led by strong demand for JPY, which lifted the net long […]

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Gold Retreats from Record Highs, Silver Sees Volatility, and Crude Oil Holds Near Lows – Saxo Bank

PR News Desk 17/02/2025

Macro data and headlines Commodities ·         Gold suffered a sharp correction Friday after testing the all-time highs of 2,942, dropping back as far as 2,877 Friday, but rebounding back above 2,900 into this morning ·         Silver pumped and dumped Friday, clearing a critical resistance

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Crude Oil, Gold & Bitcoin React to U.S. Tariffs – Century Financial

PR News Desk 03/02/2025

WTI crude oil futures rose to around $73.9 per barrel on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising concerns about potential supply disruptions. The U.S. announced tariffs of 25% on goods from Canada and Mexico, and 10% on those from China, set to take effect on Tuesday. Canadian […]

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COT Report: Commodity buying extends to fourth week, driven by crude, gas, and gold – Saxo Bank MENA

PR News Desk 27/01/2025

Forex: In forex, speculators responded to emerging USD weakness by turning net sellers of the greenback for the first time in seven weeks. Overall, however, the response to the 1.1% drop in the Dollar Index was mixed, with light net selling of EUR, CHF, and GBP being more than offset by heavy buying of JPY […]

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Gold and silver see fresh gains as Trump 2.0 era begins– Saxo Bank MENA

PR News Desk 23/01/2025

In forex, speculators ended the year holding a USD 32.3 billion net long USD position versus eight Gold and silver prices have both benefited from the increased uncertainty caused by a wave of Trump announcements following his inauguration, including tariffs, with investors also evaluating their inflationary impact and effects on monetary policies. The latest run-up […]

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Gold Prices Reach One-Month High – Century Financial

PR News Desk 16/01/2025

Oil extended a powerful, early-year advance on mounting concerns about risks to global supplies, and as commercial crude inventories in the US posted their longest run of declines since 2021. Brent crude has rallied 10% since the start of the year, helped by a cold weather fanning demand, the fall in US inventories, and multiple […]

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Investors cash in: Gold and silver see year-end profit-taking

PR News Desk 17/12/2024

Gold and silver investors increasingly turn defensive ahead of year-end as they seek to protect and lock in gains following a very strong year. This year has seen gold’s record-breaking rally deliver the best annual return since 2010, while silver has managed to keep up with gold, reaching a 12-year high during the October run-up […]

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Fed’s Rate Policy Shapes Gold’s Investment Appeal – Noor Capital

PR News Desk 17/12/2024

Weekly Recap: Central banks on the move Last Monday, the Nasdaq index temporarily surpassed the 20,000-point mark, setting a new record. Strong economic growth, increasing corporate profits, moderate inflation, and the beginning of central banks easing their monetary policies have all contributed to the stock market’s successful performance this year. However, some

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Global Markets End on a Cautious Note: UAE Indices Diverge and Gold Faces Profit-Taking – APM Capital Market Report

PR News Desk 16/12/2024

Friday’s closing bell brought a patchwork of results across the world’s major stock indices, as economic crosswinds and investor sentiment tugged prices in multiple directions. While some markets found enough support to edge upward, others experienced modest declines or steeper sell-offs, closing out the week on a cautious note. GCC market Dubai and Abu Dhabi

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AHS Properties: The Gold Standard in Dubai’s Luxury Real Estate

PR News Desk 10/12/2024

AHS Properties, a distinguished luxury real estate developer based in Dubai, UAE, has earned recognition as one of the Best Luxury Real Estate Developers in Dubai and for Best Luxury Apartment Living for Casa Canal at the reputable Luxury Lifestyle Awards. This remarkable achievement spotlights AHS Properties’ dedication to excellence and its innovative approach

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Gold Steady Despite China’s Gold Reserves Boost and Escalating Middle East Tensions – Century Financial 

PR News Desk 09/12/2024

The ADX General is declining slightly to 9,262.09 in Abu Dhabi in early trading. Aldar Properties PJSC contributed the most to the index decline, decreasing 0.7%. Umm Al Qaiwain General Investment Co. had the largest drop, falling 9.7%.The DFM General Index opened 0.2% higher, climbing 8.4 to 4,862.85, as stocks gain for the second straight […]

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Dubai Business Group for Gold and Jewelry Designers Launches its First International Jewelry Design Award 2024

PR News Desk 22/11/2024

This November, the Dubai Business Group for Gold and Jewelry Designers proudly announced two major initiatives that celebrated Dubai’s rich heritage of jewelry craftsmanship and innovation: The first International Jewelry Design Award 2024 and The Dubai Jewel Narratives members’ exhibit. The Dubai Business Group for Gold and Jewelry Designers collaborated with Azza