UAE. A lot of investors might sell gold because they can, and they might need the liquidity, in order to fill gaps in other asset classes. These potential see-saw moves might be vicious and on a very sizeable scale, says Gerhard Schubert.
INTERNATIONAL. Israel mobilised 16,000 additional reservists Thursday to bolster forces fighting in Gaza as Washington gave its ally the go-ahead to raid stocks of emergency US weapons stored on Israeli soil.