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Global demand for gold plummeted 14 per cent in 2020 to an 11-year low of 3,759.6 tonne, showed the the World Gold Council’s latest ‘Gold Demand Trends’ report. It...
Gulf Today Report Gold prices fell on Thursday as dollar appeals increase and US Federal Reserve indicated worry about the slow-paced of economic recovery. Spot gold eased 0.3% to...
Gulf Today Report Gold in a narrow range on Wednesday as investors await US Federal Reserve’s monetary policy decision and US stimulus package. Spot gold was down 0.1% to...
Gulf Today Report Gold prices rise on Tuesday as expectations of a large US stimulus package uplifting the metal’s appeal. Spot gold rose 0.1% to $1,856.33 per ounce while...
Gulf Today Report Gold prices rose on Monday as the dollar declined and investors remain hopeful for a massive stimulus to be passed soon. Spot gold rose 0.1% to...
Gulf Today Report Gold slipped on Friday as US Treasury yields gained, but hope for a large US stimulus kept the metal on course for its best week in...
Gulf Today Report Gold advanced on Thursday its highest in two weeks following a decline in US dollar on hope for more stimulus as Joe Biden gets inaugurated. Spot...
Gulf Today Report Gold advanced on Wednesday after the dollar declined due to US Treasury Secretary Janet Yellen nominee highlighting the need for a huge stimulus to aid in...
Gulf Today Report Gold advanced on Friday due to the prospect of the US pandemic relief uplifting gold’s appeal as a shield against inflation. Spot gold rose 0.1% to...
The year 2021 is likely to add to the shine of the gold as consumer demand which has largely been subdued amid the pandemic may rise on the back of...
