Wednesday 25 April 2018
 
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Spot gold

DGCX spot gold sees record volumes on trading day

The GCC’s first and the world’s only Shari’ah Compliant Spot Gold contract (DGSG), was listed on the DGCX, the region’s largest and most diversified derivative bourse, on March 29. The contract opened with world-record

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DGCX names market maker for Sharia Compliant Spot Gold contract

The Dubai Gold & Commodities Exchange (DGCX) today announced INTL FCStone, a leading international financial services firm, as the market maker for its upcoming Sharia-compliant Spot Gold contract.   DGCX&rsq

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DMCC mulls new agricultural contracts

The Dubai Multi Commodities Centre (DMCC) said it would delay launch of a spot gold contract to the third quarter to ensure that the technical aspects run smoothly and was studying possible contracts for several agricultural commodities.

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Gold sees longest losing streak in 6 months

Gold edged lower on Friday as the market nervously awaited US nonfarm payrolls data, heading for its longest weekly losing streak in more than six months as equities firmed and optimism grew about the US economy. Investors in gold

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Gold retreats from 5-week high on strong dollar

Gold edged lower on Tuesday as the dollar recovered, retreating from a five-week high as investors started to factor in expectations that the U.S. Federal Reserve will maintain its stimulus measures well into early 2014. The Fed b

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Gold steadies near 2-month highs

Gold steadied around two-month highs on Monday on uncertainty about a possible reduction in US monetary stimulus, and supported by the first net weekly flow into the top exchange-traded gold fund in months. Spot gold was down slig

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Gold hits 3-week high, buoyed by Fed uncertainty

Gold hit its highest in three weeks on Thursday as uncertainty about potential US Federal Reserve stimulus reduction kept the dollar under pressure, while holdings in the world's top gold-backed exchange traded fund (ETFs) rose.

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Gold falls below $1,300

Gold erased early gains on Tuesday, struggling to stay above $1,300, as strong global economic data dented its safe-haven appeal and physical buying in top consumers India and China remained subdued. The metal rose early in Asian

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Gold inches up on weak jobs data

Gold edged higher on Monday after softer-than-expected US nonfarm payroll data eased fears of an imminent tapering of the Federal Reserve's stimulus measures. Gold had fallen below $1,300 last week after strong US gross domest

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Gold adds to strong monthly gains

Gold gained on Wednesday as the metal's strong performance in July prompted some month-end buying from funds, as traders awaited further clarity from the US Federal Reserve on the timing of any pull-back in stimulus measures.  &n

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