Saturday 18 April 2015
 
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weekly

Gold up, but set for weekly fall as US rate bets buoy dollar

Gold rose on Friday as chart levels were broken, but was still heading for its first weekly fall in four, pressured by a stronger dollar and renewed expectations for a US rate hike this year. Spot gold climbed 0.8 per cent to $1,2

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Gold rebounds, but set for 4th weekly drop

Gold rebounded and world shares weakened on Friday before a meeting of euro zone finance ministers that could put Greece on its way to exiting the bloc, but prices were still headed for their fourth straight weekly drop. Spot gold

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Gold down before US jobs data, heads for weekly fall

Gold edged down on Friday as the impact of a firmer dollar more than offset lower European equities ahead of keenly awaited US employment data, and looked set to post its biggest weekly loss in almost two months. A strong US jobs

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Oil rally holds, promising second weekly gain

Brent crude oil traded almost $2 higher on Friday, on track for its second weekly increase, as fighting in Libya and stronger economic signals from the United States helped futures rebound from near-six-year lows. Prices remain ro

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Gold on course for biggest weekly fall since Nov

Gold was on course for its biggest weekly fall in two months despite edging higher on Friday, a day after a two per cent slide on expectations for a US interest rate rise. Investors took some profits on Thursday on concern that st

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Gold set for biggest weekly gain on risk aversion

Gold has steadied on a modestly higher dollar but looked set to post its biggest weekly gain in 10 months as investors sought safety from volatility in wider markets after Switzerland unexpectedly abandoned a cap on the Swiss franc.

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Gold up on lower shares, poised for 3rd weekly decline

Gold rose as lower European shares boosted demand for assets perceived as safe, but the metal looked set to post its third straight weekly loss, weighed down by a strong dollar. Spot gold was up 0.3 per cent to $1,185.70 an ounce

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Gold set for biggest weekly rise in 6 months

Gold edged lower on Friday as some buyers cashed in recent gains, but remained on track for its biggest weekly rise since June as the dollar retreated and sliding oil prices hurt risk appetite and stocks. Gold is up nearly three p

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Weekly market to open at BIC

A weekly market selling everything from agricultural products to trinkets will open at the Bahrain International Circuit (BIC) from this weekend. Al Basta Market will take place every Friday and Saturday until March 29, said a rep

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New-look Oman tabloid hits stands

Sabco Media, one of Oman’s leading media houses and a unique cross platform of integrated communication channels, has launched a new and improved version of its popular weekly tabloid Y. Bold and informative, the new ‘

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