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  2. Dubai Gold Souk - Wikipedia

    en.wikipedia.org/wiki/Dubai_Gold_Souk

    Dubai Gold Souk. Coordinates: 25°16′18″N55°17′55″E25.27167°N 55.29861°E. Dubai Gold Souk has narrow lanes that are lined with hundreds of jewelry stores. Dubai Gold Souk or Gold Souk (Arabic: سوق الذهب), is a traditional market (or souk) in Dubai, UAE. The souk is located in Dubai's commercial business district in Deira, in ...

  3. Dubai Gold & Commodities Exchange - Wikipedia

    en.wikipedia.org/wiki/Dubai_Gold_&_Commodities...

    The Exchange provides clearing service through the Dubai Commodities Clearing Corporation (DCCC), a 100% owned subsidiary of DGCX. [3] On 6 February 2024, the Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) withdrew the recognition of DCCC as a Tier 1 third-country central counterparty (CCP) over money laundering concerns.

  4. Gold’s 'record march higher set to continue,' Goldman says

    www.aol.com/finance/gold-record-march-higher-set...

    Goldman Sachs analysts upgraded their average gold price forecast for 2024 from $2,090 to $2,180 per ounce, targeting a move to $2,300 by the end of the year. ... which would equal almost $3,200 ...

  5. Economy of the United Arab Emirates - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_United_Arab...

    The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5 ] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was ...

  6. Investors should 'go for gold' as Fed rate cut looms, Goldman ...

    www.aol.com/finance/investors-gold-fed-rate-cut...

    September 3, 2024 at 6:26 PM. Investors should "go for gold" as the precious metal's stellar run isn't over, Goldman Sachs analysts said in a research note. On Tuesday, gold futures (GC=F) hovered ...

  7. Central Bank of the United Arab Emirates - Wikipedia

    en.wikipedia.org/wiki/Central_Bank_of_the_United...

    US$92.57 billion. Bank rate. 5.15% [1] Website. centralbank.ae /en. The Central Bank of the United Arab Emirates (Arabic: مصرف الإمارات العربية المتحدة المركزي) (Central Bank of the UAE or CBUAE) is the state institution responsible for managing the currency, monetary policy, banking and insurance regulation in ...

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