CurrencyFeaturedVanguard 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
CommodityFeaturedGaza 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
CommodityFeaturedGold 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
CommodityFeaturedHere 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
CommodityFeaturedGold 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
CommodityFeaturedGold 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
CommodityFeaturedZimbabwe 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
AviationFeaturedTravelling 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
CommodityFeaturedHow central banks used gold since the 1990sIFM CorrespondentMarch 30, 2023March 30, 2023 by IFM CorrespondentMarch 30, 2023March 30, 2023 Central banks sold gold on the net in the 1990s and the first part of the 2000s... Read more
FeaturedUtilitiesJewellery sector hits purple patch in UAE as gold & diamond sales see massive riseWebAdminFebruary 3, 2023February 3, 2023 by WebAdminFebruary 3, 2023February 3, 2023 Customers purchased 46.9 metric tonnes of gold jewellery in the UAE from January to December 2022, an increase of 38% from the same time in 2021... Read more