INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
UAE. Business conditions improved at the strongest rate in six months, driven by sharper expansions in output and new orders. Marked growth of new work resulted in greater pressure on operating capacity, however, as backlogs of work rose at the quickest pace since the survey began in August 2009.