Commodity FeaturedIF Insights: Making sense out of latest ‘Gold Rush’IFM CorrespondentApril 11, 2024 by IFM CorrespondentApril 11, 2024 The prognosis for gold is improving with expectations that the United States Federal Reserve would start lowering interest rates in 2024... Read more
Commodity FeaturedWhy did Gold prices hit a new record high?IFM CorrespondentMarch 20, 2024 by IFM CorrespondentMarch 20, 2024 In periods of economic uncertainty, investors typically view gold as a safe haven... Read more
Currency FeaturedVanguard CEO Tim Buckley says no plan to pursue bitcoin ETFIFM CorrespondentNovember 3, 2023November 2, 2023 by IFM CorrespondentNovember 3, 2023November 2, 2023 BlackRock's application for a spot bitcoin ETF is still being reviewed by the Securities and Exchange Commission... Read more
Commodity FeaturedGaza conflict: Gold prices show volatility as tensions worsen furtherIFM CorrespondentOctober 23, 2023 by IFM CorrespondentOctober 23, 2023 Short-term speculative speculators in the gold and silver markets are reportedly having a difficult time right now... Read more
Commodity FeaturedGold imports from UAE to India hit two-decade lowIFM CorrespondentJuly 13, 2023 by IFM CorrespondentJuly 13, 2023 In FY 2003, the UAE imported 18 tonnes of gold, which was the lowest amount ever... Read more
Commodity FeaturedHere are top tips to buy gold at cheaper rate in Dubai from sellersIFM CorrespondentJuly 11, 2023 by IFM CorrespondentJuly 11, 2023 Jewellers charge their customers making fees in addition to the purchase of gold... Read more
Commodity FeaturedGold steadies near three-month lows as all eyes remain on Fed ChairIFM CorrespondentJuly 3, 2023 by IFM CorrespondentJuly 3, 2023 Spot gold rose by 0.1% to USD 1,915.22 per ounce, hovering close to its lowest level since March 16 at USD 1,910... Read more
Commodity FeaturedGold attracts investors as US debt ceiling stalemate continuesIFM CorrespondentJune 2, 2023 by IFM CorrespondentJune 2, 2023 Spot gold was up 0.1% at USD 1,978.06 per ounce, while US gold futures were down 0.1% at USD 1,979.40... Read more
Commodity FeaturedZimbabwe to introduce gold-backed digital currencyIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 In order to stop the recent significant depreciation of the Zimbabwe dollar on the black market, the RBZ is also thinking about putting more Mosi-oa-Tunya gold coins onto the market... Read more
Aviation FeaturedTravelling to Saudi? Kingdom issues new screening process for passengersIFM CorrespondentApril 24, 2023April 24, 2023 by IFM CorrespondentApril 24, 2023April 24, 2023 Travellers with SR60,000 or more in cash or precious metals must declare the sum in advance with the Saudi authorities... Read more