The iftar gathering served as a platform for people from diverse backgrounds to come together, socialise, and rejoice in the celebration
Spot silver jumped just over 2.5 per cent to a peak of $12.79 a troy ounce, but then trimmed gains to $12.69/74 by 1442GMT, still up sharply from $12.47/12.57 in New York on Wednesday.
"It seems to be in solid hands. It has done extremely well and bucked the trend of many other (commodities). There is strong investment demand," one trader said.
Dealers were also hearing that a big U.S. managed futures fund had been buying up silver. Silver's profile has been boosted in recent months via an exchange-traded fund (ETF), allowing investors to buy a share in bullion that is then traded on the American Stock Exchange.
Prices have surged by some 35 per cent since hitting a low of $9.38 in the middle of June on concerns the growing popularity of the ETF would suck in a significant chunk of the metal supply.
Gold prices rose 14 per cent in the same period.
The iftar gathering served as a platform for people from diverse backgrounds to come together, socialise, and rejoice in the celebration
The monk was charged for comments made at a press conference held in March 2016.
The facility will provide greater access to residents from Liwa, Mirfa, Gayathi, Ruwais, Tarif from Western Region
High taxes, rising prices and rents, and fewer opportunities in those countries are prompting many to return to the Emirates, say experts
The UAE already has a 10-year Golden Visa programme for investors, entrepreneurs, property buyers and outstanding students since 2019
The anniversary coincides with the UAE’s decision to extend the ‘Year of Sustainability’
Redwood Center of Excellence offers a nurturing environment with an IB Primary Years Programme, blending Montessori, Reggio Emilia, EYFS, and STEM, ensuring holistic development for children
Both countries will not only promote existing relations in petrochemical, energy and infrastructure but they are keen to explore new avenues and sectors to diversify their economic relations