by Jibran Munaf | November 19, 2024 | Commodities
Dubai Multi Commodities Centre (DMCC) has unveiled a special edition of its Future of Trade report, spotlighting transformative trends in the global gold market and predicting the emergence of an “Asian Century” for the precious metals industry. This...
by Jibran Munaf | November 15, 2024 | Commodities
Gold prices remained flat on Friday near their lowest levels in two months, as a strengthening U.S. dollar and reduced expectations for aggressive Federal Reserve rate cuts pressured the metal. Spot gold stood at $2,566.09 per ounce at 0943 GMT, while U.S. gold...
by Jibran Munaf | November 12, 2024 | Commodities, Energy
Oil prices remained relatively stable in early Tuesday trading, following a recent decline triggered by China’s stimulus plan and concerns about oversupply. Brent crude futures were down by 1 cent at $71.82 per barrel, while U.S. West Texas Intermediate crude...
by Jibran Munaf | November 11, 2024 | Commodities
Gold prices held steady during early trading on Monday as investors awaited a series of speeches from Federal Reserve officials and upcoming U.S. economic data to gauge future interest rate moves. Key Points Current Prices: Spot gold remained nearly flat at $2,683.78...
by Jennifer George | November 7, 2024 | Commodities, Currencies, Markets, News
The Middle East and the US are forging significant alliances meant to alter the global order under a renewed Trump presidency. Investors in the Middle East are beginning to anticipate shifts in trade policies and key markets that will impact the region. A Trump...
by Jibran Munaf | November 7, 2024 | Commodities, Retail
Commodity markets saw a widespread decline on Wednesday following Donald Trump’s U.S. presidential election win, with oil, metals, and agricultural goods all retreating as a surging U.S. dollar weighed on prices. The dollar’s one-day rise, its largest since March...
