Demand for Gold Jewelry in the United Arab Emirates Plummeted

Gold Prices Zoom to Near Five-Month High - Gold Silver Reports

Gold Silver Reports (GSR) – Demand for Gold Jewelry in the United Arab Emirates Plummeted — Wholesale gold jewelry sales in Dubai, sometimes known as the City of Gold, fell 50 to 60 percent in the first quarter from a year earlier after VAT began on Jan. 1, according to Chandu Siroya, vice chairman of the industry association Dubai Gold & Jewellery Group. Dubai’s historic souk marketplace of mostly jewelry traders even has space available for the first time in years, he said.                                 

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Red Alert : Putin Urges Caution After Syria Gas Attack

Syria Gas Attack

Gold Silver Reports (GSR) – Red Alert : Putin Urges Caution After Syria Gas Attack – The Kremlin says President Vladimir Putin called for caution in response to a reported poison gas attack in Syria during a phone conversation with German Chancellor Angela Merkel.                    

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Non-Core Asset Sales Gathering Pace, Says IDBI Bank

IDBI Bank

Gold Silver Reports (GSR) – Non-Core Asset Sales Gathering Pace, Says IDBI Bank — “We have been able to unlock around Rs 4,000 crore in total [in 2017-18], including the Bandra Kurla Complex building deal,” KP Nair, deputy managing director at IDBI Bank. “Most of the assets will be monetised during 2018-19.”

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MCX Gold Prices Ready for Blast Above @30533 Buy on Dips

Should You Buy Gold Now? Here's What Experts Say

Gold Silver Reports (GSR) – MCX Gold Prices Ready for Blast Above @30533 Buy on Dips — MCX Gold Prices settled up 0.48% @30670 as Wall Street stocks tumbled and the dollar fell as rhetoric from U.S. President Donald Trump and Chinese officials fed worries about a possible trade war, and after U.S. jobs data came in weaker than expected.

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