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Gold heads for first weekly loss since June after big slump

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Bloomberg Gold posted its first weekly drop in more than two months after being buffeted by climbing real yields, profit-taking and uncertainty over US-China trade talks. Bullion is ending a week filled with big price fluctuations on a relatively tame note, trading at more than $100 an ounce below last week’s record after dropping the most in seven years. Both ...

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Oil ekes out weekly gain with virus concerns capping rally

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Bloomberg Oil squeezed out a gain for the second straight week but uncertainty around the US-China trade deal and fears of a resurgent pandemic limited the price rally. Crude futures in New York fell 0.5%, but rise 1.9% for the week. The US and China postponed talks planned for over the weekend that had been aimed at reviewing progress at ...

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DLD’s new initiative to boost investment in realty sector

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Dubai / WAM The Dubai Land Department (DLD) through its Real Estate Regulatory Agency (RERA) introduced a new development in the complaint mechanism in the management of jointly owned properties (JOP) by which it aspires to provide more comfortable solutions for its customers, thus contributing to encouraging investment in the emirate’s growing real estate sector. Under the new development, the ...

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