Gold prices on Monday jumped one per cent to $1,758 an ounce, the highest since October 2012, while retail rates in Dubai for 22-carat gold also hit Dh200 per gram due weak global data from the US and Japan. Analysts and industry executives expect that this upward trend in gold will continue in the coming months as investors and people invest more in the safe-haven commodity. KP Abdul Salam, group executive director, Malabar Group, said this is the only asset which is giving returns to investors in these uncertain times. "In fact, people have more confidence now in gold for that is the only asset which is ... (full story)