Copper, another metal which has been seeing a surge in demand in recent months, is also projected to see new highs in price in the current quarter
Gold
fine jewellery
WJMES 2024: Sharjah jewellery show exhibits $817,000 gold bike and rare Egyptian artefacts
Sharjah’s 53rd Watch & Jewellery Middle East Show displays stunning collections
Gold
India’s gold imports surge 26.7% to $35.95 billion in Apr-Dec
December 2023 alone, imports of the precious metal jumped by 156.5 percent to $3 billion
Gold
Gold prices surge to $2,025.99 per ounce
The firming up of gold prices is mainly attributed to the speculations on US Federal Reserve chair Jerome Powell’s remarks this week for cues on interest rate trajectory
fine jewellery
Sharjah watch and jewellery show attracts buyers and sellers from India, Pakistan, UAE, China, Saudi, UK and more
Sharjah Watch and Jewellery Middle East Show to attract over 500 exhibitors to buy and sell in the UAE
Gold
India raises import duties to 15% on gold findings
The duty hikes will be effective from January 22, 2024
Gold
Saudi mineral wealth surges to $2.5tn: Minister
Saudi Arabia’s mineral wealth estimated at $2.5tn due to phosphate ore, zinc, and gold discoveries
Gold
Saudi Arabia set for gold rush after major discovery found
Saudi Arabia has discovered a potential major gold mining resource after exploration team’s find
astra tech
Astra Tech forges alliance with SAM Precious Metals and O-Gold to offer digital gold management platform
The collaboration is expected to offer unprecedented investment opportunities within the commodities market
Bitcoin
Is Bitcoin a better investment than gold? Experts weigh in
Gold, the traditional safe haven asset, has faced competition from Bitcoin as a long-term investment
24 karat gold
Dubai jeweller shows off $408,000 gold bike
Dubai jeweller’s golden bike and $2.9m green diamond ring on display at UAE expo
Delhi
G20 Summit: Delhi to indulge world leaders with meals served on silver, gold-plated tableware
About 15,000 silverware crafted by 200 artisans have been made for the occasion of the Summit
Gold
UAE gold prices predicted to jump up to 15% in H2: Investment firm
The price of gold in the UAE market is estimated to have risen by 5.4% in the first half of 2023
Gold
Gold prices react to US jobs data, prompting doubts on rate hike trajectory
Spot gold was up 0.1 percent at $1,925.49 per ounce in early trading hours in Asian markets on Monday
Ajman
UAE police arrest ‘Superman’ after $300,000 gold heist
Police in the UAE arrest three suspects within 12 hours of robbery
Gold
UAE gold and jewellery market to hit $3.6bn by 2030
UAE gold and jewellery sector on track to grow by 3.66 per cent until end of decade
Bullion Market
Jewellers getting more inquiries for gold after India withdraws Rs 2,000 notes
The surge in enquiries is seen pushing up gold prices in India to about $797 per 10 gms, as some jewellers have starting charging a 5-10 percent premium for purchases in exchange for the high value notes