The increase from £230,000 to £500,000 reinforces The Seventy Ninth Group’s strong commitment to supporting First Class Metals PLC’s exploration initiatives
gold prices
Latest in gold prices
Cryptocurrency
US elections 2024: Gold rallies, crypto dips as markets price in Trump victory before rate cuts
Gold ETFs post strong rally, marking the longest winning streak since July, and adding an estimated whopping 157,117 troy ounces of gold in the last trading session alone
Bullion Market
Gold prices surge to all-time high on Friday as rate cut, US election uncertainties drive investors to the safe haven asset
The current rally in gold prices comes close on the heels of gold emerging as the standout asset in Q3, 2024, appreciating by a whopping 13.8%
Commodities
Gold rush: Central banks that bought the most gold in H1 2024
Analysts suggest that gold’s appeal is likely to persist if economic instability continues
European Central Bank
Gold hits record highs on ECB rate cut, US Fed easing optimism grows
The ECB’s decision to implement its second rate cut in three months has fueled investor optimism about declining global interest rates
Gold
Gold prices surge to new heights; reach above $2,500 in anticipation of higher rate cut
A break above the year-to-date high of $2,531 could lead to further gains, according to market experts
crude oil price
Oil prices to spike, gold faces high volatility amid potential US Fed interest rate cut
The rebound in oil prices could be short-lived as concerns over demand and a potential supply surplus loomed large
Bullion Market
UAE gold prices: Is it the right time to buy? Experts weigh in
Despite recent market volatility, gold remains a sought-after safe haven asset as experts weigh its potential in a turbulent economic landscape
gold prices
Gold prices surge as Fed rate cut expectations
The US Federal Reserve is set to conclude its two-day policy meeting on Wednesday
Gold
Gold demand in India surges after customs duty cut in budget
Customs duty on gold and silver was cut to 6% from 15% earlier
Al Maktoum International
UAE holiday dates; the remarkable growth of Emirates; Dubai real estate boom; new Schengen-style visas; top investment tips – 10 things you missed this week
When is the next UAE holiday, how Dubai became the ‘world’s airport’, weather forecasts, Dubai real estate analysis, Schengen-style visas around the world and more top news stories this week
Asteco
UAE residents plan Eid Al Adha holidays; Emaar announces $15bn community; Dubai real estate records – 10 things you missed this week
UAE Eid holiday plans, Dubai real estate analysis, school fee discounts, cruising, cycling and metro transport updates and more of the top stories this week
Dubai
UAE gold price: Should investors buy right now? Experts weigh in
Gold remains an appealing investment during high inflation periods due to its ability to preserve purchasing power and hedge against currency depreciation and volatility, however, experts suggest to make planned investments
gold investment
Gold prices move up as rising Fed rate cut expectations boost appeal
Spot gold rose 0.1 percent at $2,388.10 per ounce in morning trading hours on Thursday
gold imports
India’s March gold imports seen plummeting over 90% as record prices curb demand: Report
The UAE is the second largest exporter of gold to India