A BIT OF FESTIVE CHEER FOR GOLD BUYING? Gold prices will need to do its bit if shoppers in the UAE are to get serious about picking up the metal now, when bullion is commanding upwards of $1,900 an ounce. Sure, there are some who say gold could be entering a period of relative quiet. After all that the price has seen in the last 10 months, no one will begrudge shoppers and asset buyers some price stability. Maybe a Joe Biden victory would then be the right antidote for that. If all that converts into shoppers in the UAE picking up the yellow metal for their Diwali buying, retailers can then have some festive cheer. For now, it’s all glum… (COMMENT BY: Manoj Nair, Business Editor)
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