Gold price hits a new record
Dubai - Arabstoday
Slow economic growth and debt concerns sent gold spiralling to nearly $1,900 (Dh6,977) an ounce on Monday. It hit a record as the price climbed to as high as $1,894.80 an ounce in London, beating its last high of $1,878.15 on Friday. Up 15 per cent in August, the precious metal, which was earlier expected to hit $2,000 an ounce by 2015, is now likely to touch the mark in the next few months. Pradeep Unni, senior commodity analyst at Richcomm Global Services, said: "If the current momentum and macro-economic fears fail to recede, we can see this [$2,000 an ounce mark] being scaled, well before year-end. This is given the speed of about two to five per cent every week."
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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