London: The World Gold Council has released its Gold Mid-Year Outlook 2025 report, which reveals that gold’s remarkable H1 performance coincided with the US dollar’s worst start to a year since 1973, a shift which re-defined global investment flows. Gold has continued its record-setting pace, rising 26% in US dollar terms in the first half […]
Enjoy golden summer offers during DSS 2025 with Dubai Jewellery Group—win gold bars, jewellery vouchers, and Visa cashback rewards. Dubai: Dubai Jewellery Group is bringing golden summer offers to life this Dubai Summer Surprises (DSS) 2025, promising an unforgettable shopping experience for jewellery lovers. Running from June 27 to August 30, the campaign brings dazzling […]
Experience the excitement of DP World ILT20! Watch thrilling cricket matches and stand a chance to win gold prizes. Dubai: The DP World ILT20 is turning up the excitement for fans with a golden treat at the DP World ILT20 raffle. As part of the initiative, three lucky fans at each match take home a […]
Dubai: Dubai Jewellery Group (DJG) is all set to celebrate the 30th edition of the Dubai Shopping Festival (DSF) with an extraordinary promotion offering a whopping AED 1.5 million in gold. This promotion allows shoppers to win big while enjoying world-class jewellery shopping experiences. During the Dubai Shopping Festival (DSF) from December 6, 2024, to […]
The World Gold Council’s Q3 2024 Gold Demand Trends report reveals that total gold demand increased 5% year-on-year to 1,313t, a record third quarter. Total demand exceeded US$100bn for the first time on record, supported by strong investment in a record-high price environment. Global investment demand more than doubled year-on-year to 364t, driven by a […]
Indian Expats Welcome Reduced Custom Duty on Gold, NRIs Allowed to Carry More Gold Home Dubai: The Non-Resident Indian (NRI) community in the UAE eagerly awaited the Indian Union Budget for 2024-2025. The Union Finance Minister, Nirmala Sitharaman, announced a reduction in basic customs duty on gold and silver from 10 percent to 6 percent, […]
The Reserve Bank of India (RBI) has transferred more than 100 tonnes of gold from the UK to India’s domestic vaults for the first time since early 1991. This move marks a significant addition to India’s locally held gold reserves, as reported by agencies, with another similar transfer expected in the coming months. As of […]
Dubai: In an exciting turn of events during the Dubai Shopping Festival (DSF), an Indian family secured the first of four gold bars offered by Jumbo Electronics. This special win has added a touch of joy to their shopping experience at Jumbo. Jumbo Electronics, a popular consumer electronics retailer in the UAE, is currently running […]
Saudi Arabia announced on Thursday the discovery of large potential gold resources along a 100km stretch south of its existing Mansourah Massarah gold mine in Al Khurmah governorate in the Makkah region. Riyadh: Saudi Arabian Mining Company (Maaden) said that it had discovered multiple gold deposits, indicating the potential to expand gold mining in the […]
Hangzhou: The UAE jiu-jitsu national team, sponsored by Mubadala Investment Company, continued to shine at the Asian Games. On Saturday, the final day of the jiu-jitsu competitions in Hangzhou, Faisal Al Ketbi and Shamma Al Kalbani claimed gold in their respective categories during the competitions held at Xiaoshan Linpu Gymnasium JJI, while Saeed Al Kubaisi […]
UAE boasts an impressive total of 7 medals in jiu-jitsu, including 2 gold, 3 silver, and 2 bronze Hangzhou: UAE’s Asma Alhosani made history on Friday as the country’s first woman to secure a gold medal in martial arts at the Asian Games. On the second day of the jiu-jitsu competitions at the 19th edition […]
