Commodities

Gold price in United Arab Emirates: Rates on April 21

Gold price in United Arab Emirates: Rates on April 21

Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 398.67 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 392.97 it cost on Friday. The price for Gold increased to AED 4,649.99 per tola from AED 4,583.58 per tola on […]

Gold price loses momentum on profit-taking 

Gold price loses momentum on profit-taking 

Gold price edges lower in Friday’s Asian session, pressured by profit-taking.  Mounting uncertainty about tariffs and recession fears could boost the safe-haven flows, supporting the Gold price.  Fed’s Daly is set to speak later on Friday.  The Gold price (XAU/USD) holds steady on Friday after retreating from an all-time high of $3,358 as investors book

Gold price in Malaysia: Rates on April 11

Gold price in Malaysia: Rates on April 11

Gold prices rose in Malaysia on Friday, according to data compiled by FXStreet. The price for Gold stood at 458.71 Malaysian Ringgits (MYR) per gram, up compared with the MYR 453.15 it cost on Thursday. The price for Gold increased to MYR 5,350.24 per tola from MYR 5,285.45 per tola a day earlier. Unit measure

Gold price in Philippines: Rates on March 27

Gold price in Philippines: Rates on March 27

Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet. The price for Gold stood at 5,613.30 Philippine Pesos (PHP) per gram, up compared with the PHP 5,586.39 it cost on Wednesday. The price for Gold increased to PHP 65,472.48 per tola from PHP 65,158.58 per tola a day earlier. Unit measure

Gold price in Malaysia: Rates on April 11

Gold renews record-high above $3,000, Canadian Dollar awaits inflation data

Here is what you need to know on Tuesday, March 18: Gold benefits from escalating geopolitical tensions and trades at a new record-high above $3,000 early Tuesday. The European economic calendar will feature Economic Sentiment data from Germany and Euro area Trade Balance readings. In the second half of the day, Industrial Production and housing

Gold price in Malaysia: Rates on April 11

Gold price in Saudi Arabia: Rates on March 14

Gold prices remained broadly unchanged in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 360.25 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 360.42 it cost on Thursday. The price for Gold was broadly steady at SAR 4,201.91 per tola from SAR 4,203.82 per

Gold price in Saudi Arabia: Rates on March 10

Gold price in Saudi Arabia: Rates on March 10

Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 350.93 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 350.96 it cost on Friday. The price for Gold was broadly steady at SAR 4,093.09 per tola from SAR 4,093.57 per

BP fails to impress the market, as Fed rate cuts get priced back in

BP fails to impress the market, as Fed rate cuts get priced back in

BP has released what it calls its reset, with a renewed focus on oil and gas, reallocated capital and more cost cutting.  All of this is  aimed at driving shareholder returns in the long term. Unfortunately, this means reduced shareholder returns in the short term, which has triggered a small sell off in the stock

Gold price in United Arab Emirates: Rates on April 21

Gold price in India: Rates on February 25

Gold prices fell in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 8,205.23 Indian Rupees (INR) per gram, down compared with the INR 8,238.38 it cost on Monday. The price for Gold decreased to INR 95,704.90 per tola from INR 96,090.80 per tola a day earlier. Unit measure

XAG/USD trades with positive bias below mid-.00s

XAG/USD trades with positive bias below mid-$32.00s

Silver attracts some buyers on Tuesday and snaps a two-day losing streak.  Mixed technical indicators on the daily chart warrant some caution for bulls.  Corrective slides could be seen as a buying opportunity and remain limited. Silver (XAG/USD) builds on the previous day’s modest bounce from the vicinity of the $32.00 mark, or a nearly

Trump’s tariff threats stress London gold market

Trump’s tariff threats stress London gold market

The London gold market is facing a mounting structural crisis.   Bullion banks that lend precious metals to producers and each other moved over 200 tonnes of gold to New York in January in response to US President Donald Trump’s tariff threats, leaving the London market desperately short of physical supplies. Dealers in London routinely borrow

WTI price bearish, according to FXStreet data

WTI price bearish, according to FXStreet data

West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down from Wednesday’s close at $71.16. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $74.29 after its previous daily close at $74.89. WTI Oil FAQs WTI Oil is a type of Crude

XAG/USD trades with positive bias below mid-.00s

XAG/USD remains steady near $32.50, three-month highs

Silver price holds ground near its three-month high of $32.56, recorded on February 5. The upside of the Silver appears limited as the US Dollar gains ground amid rebounding US Treasury yields. Traders await US Nonfarm Payrolls to gain fresh impetus regarding the Fed’s monetary policy direction. Silver price (XAG/USD) remains in positive territory for

XAU/USD loses ground below ,700 amid firmer US Dollar

XAU/USD loses ground below $2,700 amid firmer US Dollar

Gold price loses ground to around $2,690 in Monday’s early Asian session. The upbeat US job report and surging USD weigh on the Gold price.  Trump’s policy uncertainty and geopolitical risks might cap the downside for the precious metal. Gold price (XAU/USD) trades with mild losses near $2,690 on the stronger US Dollar (USD) broadly

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