Wednesday, November 4, 2026

Gold/Forex

Gold spikes and dollar drops, Wall Street closes higher on US stimulus hopes

Spot gold added 1.8 per cent to $1,927.96 an ounce. International stocks rose on Friday, with all three major Wall Street indexes posting weekly gains as investors grew more hopeful the US government would provide additional economic stimulus. Gold jumped and...

Will gold shine its way to $2,500?

The yellow metal is down by $46.20 an ounce or 2.38 per cent in the past 30 days. Gold price is expected to could trade in the range of $1,700 to $2,000 an ounce by the end of the year...

UAE-Israel accord could bring new sparkle to Dubai diamond trade

Traders in Dubai say they have been inundated with enquiries from Israelis, who traditionally trade in Antwerp. The week that Israel and the United Arab Emirates normalised ties, Israeli diamond trader Zvi Shimshi headed to the United Arab Emirates to...

When should Dubai shoppers start buying gold again?

Gold at $1,900 is still way too high for shoppers, more so with a pandemic on How low should gold fall before shoppers head back to gold and jewellery stores in the UAE? Because right now, with gold still hovering...

Dubai Gold Souq sees vacancies for first time as landlords stick to rental demand

Rents have dropped only for new retailers taking up space at vacated stores Dubai: The first ‘To Let’ signs are showing at Dubai’s historic Gold Souq as jewellery retailers choose to close down some of their outlets rather than keep...

UAE retail gold rates hit a five-year high

In a 5-year peak, retail gold rates 50 fils from touching Dh172/gram for 22k VAT excluded Dubai: On Wednesday evening, suggested retail rates for selling gold touched a five-year high of Dh171.50 for a gram of 22K gold (which is...

UAE: Gold prices to rise this week, with potential to go even higher later

Analysts opine cost of gold and silver can rise further in the weeks to come Dubai: Gold prices this week are headed higher, which marks an end to comparatively lower price levels seen last month, and multiple analysts opine that...

Gold ticks up on fears about second wave of infections

Spot gold rose 0.1 per cent to $1,697.67 per ounce by 0304 GMT, after falling for two straight sessions. Gold prices were steady in early Asian trade on Tuesday after two straight sessions of falls, as a stronger dollar countered...

COVID-19 impact: Expats in UAE sell high-value gold to buy airline tickets

With gold at Dh193.25, rush to sell intensifies after India launches repatriation flights Dubai: For many expats in the UAE, gold is now serving a purpose more than just as an ornament. In these COVID-19 infected times, gold for these...

Latest gold, forex rates in UAE

Gold rates for Thursday, August 29, 2019 Daily Morning 9:00 AM Afternoon 3:00 PM Evening 6:30 PM 24k* 186.00 22k* 174.75 21k* 166.75 18k* 142.75   Get retail Gold and Forex rates with Emirates 24|7 Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian...

Latest News

Trump hints at possible Iran strike as regional tensions rise, US forces mobilize

Four tankers caught fire after hitting mines near the Strait of Hormuz, while the US prepares additional air defenses in Israel. Trump signals readiness for a strike despite unresolved negotiations with Tehran.

Democrats Near House Majority, Eye Senate Gains in 2026 Midterms

Projections give Democrats control of the House and put them within striking distance of the Senate. Key wins in South Carolina and North Carolina highlight a widening Democratic wave.

Indian entrepreneur clinches $1 million Dubai Duty Free prize after 25‑year streak

Govidan Nair, a 62‑year‑old Indian textile owner living in Dubai, secured a $1 million prize in the Millennium Millionaire Series 562 after 25 years of participation. Another Indian winner took home a Harley‑Davidson in the accompanying draw.

Two Everest‑Region Helicopters Collide, One Tourist Killed and Three Injured

A mid‑morning collision between two private helicopters at Pheriche helipad in Nepal’s Solukhumbu district left one Indian tourist dead and three people injured. Authorities are investigating the accident as the trekking season peaks.

Iran Sets Seven Preconditions for US War Exit, Offers Quick Hormuz Reopening

Iran has presented seven core conditions it says must be satisfied before any cease‑fire with the United States can be finalized. Tehran also pledged to lift the Hormuz closure in just 48 hours once its demands are fulfilled.