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    Gold declines as equities gain

    Gold declines as equities gain

    09 Dec 2020

    Gulf Today Report Gold prices fell on Wednesday as coronavirus vaccine encourages investors towards more risky equities. Spot gold fell 0.7% to $1,858.80 per ounce by 06:00 GMT, after...

    Gains in Reliance and Maruti uplift Indian shares

    Gains in Reliance and Maruti uplift Indian shares

    08 Dec 2020

    Gulf Today Report Indian shares advanced on Tuesday as heavyweight reliance industries and top automaker Maruti Suzuki recorded huge gains. Reliance Industries Ltd increases 2.9%, its highest since mid-November....

    UAE, a global centrepoint of the gold industry

    UAE, a global centrepoint of the gold industry

    07 Dec 2020

    Chaired by Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, the Ministerial Development Council has confirmed that the UAE government is keen to...

    Gold gains as US jobs data remain gloom

    Gold gains as US jobs data remain gloom

    07 Dec 2020

    Gulf Today Report Gold advanced on Monday as US job data increased hope for more fiscal stimulus outweighing optimism for a coronavirus vaccine. Spot gold prices rose 0.2% to...

    Malaysian goldsmiths mould a profit out of pandemic

    Malaysian goldsmiths mould a profit out of pandemic

    05 Dec 2020

    In a backroom workshop in Malaysia, goldsmiths with blowtorches and chisels sit at wooden desks as they melt and mould the precious metal into glittery jewellery. Demand for the...

    Gold set for an increase due to US stimulus hope

    Gold set for an increase due to US stimulus hope

    04 Dec 2020

    Gulf Today Report Gold remains steady on Friday as investors hope for US stimulus increases in preparation for US non-farm payrolls data due later in the day. Spot gold...

    Oil falls while investors await the outcome of the OPEC+ meeting

    Oil falls while investors await the outcome of the OPEC+ meeting

    30 Nov 2020

    Gulf Today Report  Oil slumped on Monday as investors wait for OPEC+ to decide if the large output cut that was made to support market would be extended. January...

    Gold en route its worst month in 4 years

    Gold en route its worst month in 4 years

    30 Nov 2020

    Gulf Today Report Gold prices slump on Monday in what is likely to be its worst in four years, due to investors taking up riskier assets as hope for...

    Small businesses drive recovery in India

    Small businesses drive recovery in India

    29 Nov 2020

    Gulf Today Report Small business owners take the lead in channelling growth for economic recovery in pandemic-hit India. India is seeing a surge in demand for air travel, hospitality...

    Amazon to give $500 million in Christmas bonuses to frontline staff

    Amazon to give $500 million in Christmas bonuses to frontline staff

    29 Nov 2020

    Gulf Today Report A lot of families will be spending a Blue Christmas this year because of the coronavirus pandemic. The virus has crimped sources of income and family...

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