LONDON - Gold was on course to book a third successive day of losses on Tuesday, as concerns over the euro zone’s peripheral economies sent the euro lower and strengthened the dollar.
LONDON - Gold was on course to book a third successive day of losses on Tuesday, as concerns over the euro zone’s peripheral economies sent the euro lower and strengthened the dollar.
Gold will continue to shine in the coming days as investors opt for the yellow metal as their top commodity choice in a turbulent fourth quarter.
Dubai’s shares advanced to the highest level in more than five months after companies including Emaar Properties announced overseas projects and as investors speculate quarterly earnings may rise.
The Department of Tourism and Commerce Marketing in Dubai (DTCM), in a bid to boost tourism sector, had a meeting with the industry in the emirate.
Abu Dhabi’s new Khalifa Port, built at a cost of $7.1 billion, expects to reach an initial target for container handling capacity in five years on the back of a growing industrial park nearby, a top executive of the management company said.
The indian economy is poised evenly between a surge in growth to higher levels and a slide back into the pit from which it promises to be emerging.
It’s a $500 billion question. Bankers, economists, government officials, tax evaders, sharks, and anyone engaged in underhand or underground business, kickbacks or outright corruption, agree on it.
Gold lost half a percent on Monday, on course for its sharpest one-day loss in three weeks as a surprisingly upbeat US job market report dented the precious metal’s appeal as a hedge against inflation.
European stocks, oil and gold fell on Monday as concerns over the global economic outlook and its impact on the coming corporate earnings season weighed on investor sentiment.
Britain must find more spending cuts to reduce the budget deficit, Prime Minister David Cameron said on Sunday, after a return recession this year raised speculation the government was set to miss its deficit reduction targets.