Search Results for: Gold prices
How low gold prices affect jewelry sales
January 18th, 2016
Declining gold prices boosts jewelry sales Low gold prices have boosted sales in Saudi markets despite recent global fluctuations in its value. Riyadh and Makkah registered the highest levels of sales in this regard, followed by the Eastern Province ...
Gold Prices Waver as Fed Decision Awaited
November 27th, 2015
Dollar’s appreciation exerted some pressure on prices Gold prices were slightly lower on the London spot market on Thursday, as the metal fluctuated between fractional losses and gains as investors await the Federal Reserve’s decision on U.S. rates next ...
Gold prices set to recover from 5-yr lows in 2016 – HSBC
November 26th, 2015
Gold will finally bounce back in 2016 after repeatedly hitting five-year lows in recent months, HSBC said in a report on Wednesday. The bank sees gold averaging $1,160 this year, $1,205 next year, $1,300 in 2017 and $1,325 over ...
Retail gold prices drop as much as Dh11.75 in one month
November 23rd, 2015
Majority of retail investors expect prices to decline further this week Gold’s retail price in Dubai has dropped by more than Dh11 per gram in just about one month, thanks to rising expectations that the Federal Reserve in the ...
Dubai gold prices down for second day
November 19th, 2015
Retail rates drop by Dh2 per gram in two days as US dollar strengthens Gold extended its loss for the second straight day, dropping by as much as Dh2 per gram on Wednesday morning, as the US dollar climbed ...
Gold Prices Rise as Paris Attacks Spark Safe-Haven Demand
November 17th, 2015
Gold’s gains could be short lived, analysts say, as the market refocuses on the U.S. Federal Reserve Gold prices rose, breaking a three-session losing streak as the terror attacks in Paris sparked safe-haven demand for the metal. The precious metal has ...
Gold Prices Tread Water Ahead of Federal Reserve Meeting
September 10th, 2015
Gold is slightly lower on the London spot market Gold prices were slightly lower on the London spot market Wednesday, moving between gains and losses as the market remained cautious over a potential rate rise in the U.S. Spot ...
Gold Prices Prove Solid as Major Chinese Stock Indices Hit their Lowest Level since December
August 26th, 2015
Gold prices quickly touched a new 7-week high of $1169 per ounce on Tuesday morning in London, while European and US stock market indices bounced back after the shockwaves sent by the recent sharp decline of Chinese equities. Silver fell ...
HSBC predicts Gold prices will end the year as much as 10 percent higher than current levels
August 17th, 2015
Cheer up, gold bugs: HSBC predicts a year-end recovery The precipitous downturn in gold has taken the market to levels not seen since March 2009 but low prices may contain the seeds of the next rally, according to HSBC. ...
India’s failure to cut duty hurts gold prices
March 3rd, 2015
India’s decision to maintain an import duty on gold surprised investors, dealing a fresh blow to a metal that has been hit hard this year by a strengthening U.S. dollar and a series of policy shifts around the globe. ...
