Dubai gold value sees another fall, going to it dip further?

collected by :kiven Dixter

Dubai gold value sees another fall, going to it dip further? US gold futures were drop 0.1 % at $1,336 per ounce. Gold prices inched drop early on Monday on a firmer $ after robust America jobs information late final week, however a fall in equities cushioned losses. Spot gold on Friday fell 1.2 percent, its biggest one-day fall ever Dec. 7. US gold futures were drop 0.1 % at $1,336 per ounce.

Acacia adopts new gold value prevention measures

Miner has spent $2 mn to close in the option to purvey 120,000 ounces of aftertime product at $1,320 an ounce. Acacia Mining Information Systems Tanzania's biggest gold maker & operates 3 great mines in the country — Bulyanhulu, Buzwagi & North Mara (pictured). The company, majority owned with Barrick Gold (TSX, NYSE:ABX), acquired 20,000 ounce of gold put options at a value of $1,320 an ounce. The contracts going to expire in instalments of 30,000 ounces every Month among March & June, giving the miner an option to purvey the gold at which price. Barrick Information Systems continue fine-tuning specifics of a bargain with Tanzania, which can let Acacia to restart exports this year.

Higher gold value not truly a profit - Numismatic News

as declared in To the extent which precious metals prices do height over the course of this year, it Information Systems better to understand which they don't truly represent making a profit from owning them. To give you an example: in 1928, a perfect quality men's suit can be bought for $20, whether paid with a $20 Fed spare Note or a $20 gold Saint-Gaudens. But you can continue obtain it for the price of the $20 gold Saint-Gaudens. Rising precious metals prices are nearly proven to be accompanied with generally increasing user prices. So, my predictions for higher precious metals prices at the finish of 2018 Information Systems too a forecast for noticeably higher user prices at the same time.