Markets News

Dubai: Gold prices rise to record high on Diwali day

The precious metal's gains come as demand for it accelerates amid political and economic uncertainty and still-high levels of geopolitical tension

Big relief for consumers as commodity prices set for sharp fall

Global commodity prices are projected to fall to a five-year low next yea

Global gold demand reaches a record high value of $100 billion

World Gold Council’s report shows investment demand more thank doubled

Dubai: Gold prices jump to new record high ahead of Diwali; 22K crosses Dh311 per gram

Prices are peaking at a time when a large number of residents and visitors buy precious metal jewellery during Indian festivals

Democratising investor access to share sales

Investment platforms rolling out initiatives to capture wider audience for UAE IPOs

Net foreign buying of stocks in Abu Dhabi hits $1.9b in Q3

The quarter recorded a net buying at $3.71 billion in the GCC

Dubai: Gold prices continue upward trend, 22K hits Dh309 per gram

Spot gold price rose to $2,761.8 per ounce, up 0.69 per cent at 6pm UAE time

UAE: Lulu partners with Modon to expand markets across country, Egypt

The announcement comes a day after Lulu Retail’s initial public offering opened for subscription

Indian rupee opens at 22.91 per UAE dirham against US dollar on Tuesday

For two and a half weeks, the currency has been stuck in a narrow 10-paisa range, and the RBI does not want the rupee to fall further

UAE: Cheaper 18K gold jewellery in high demand as prices rise

There is also a shift from gold to diamond jewellery as the yellow metal's prices rise