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Gold stranded in Dubai sold at discount as US-Iran conflict disrupts supply routes

Buzz line1 month ago05 mins

Gold is being offered at a steep discount in Dubai, as the war in the Middle East grounds flights and hampers suppliers’ ability to move bullion out of the key trading hub. Many buyers have stepped back from new orders, unwilling to pay exceptionally high shipping and insurance costs with no guarantee of prompt delivery….

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  • Market

Gold Extends Monthly Winning Streak With US-Iran Talks in Focus

Buzz line2 months ago03 mins

(Bloomberg) — Gold and silver rose, with a US military buildup in the Middle East keeping markets on edge and prompting some traders to buy haven assets. Bullion jumped above $5,200 an ounce, capping a monthly gain. Washington and Tehran will continue negotiations next week after making “significant progress” on Thursday, according to mediator Oman….

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  • Market

Gold Extends Monthly Winning Streak With US-Iran Talks in Focus

Buzz line2 months ago03 mins

(Bloomberg) — Gold and silver rose, with a US military buildup in the Middle East keeping markets on edge and prompting some traders to buy haven assets. Bullion jumped above $5,200 an ounce, on track for a monthly gain. Washington and Tehran will continue negotiations next week after making “significant progress” on Thursday, according to…

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  • Market

Gold, Silver Rates Today LIVE: Gold, silver prices rebound from multi-week lows

Buzz line2 months ago02 mins

Gold, Silver Rates Today LIVE: Gold and silver prices rebounded on Monday from a crash in the previous session that led the bullion prices to multi-week low levels. While spot gold prices traded lower, US gold futures climbed and silver prices also rallied. However, sentiment for gold and silver prices remain weak amid a firm…

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