Gold prices went up today amid expectations of a US rate cut in September and rising geopolitical tensions in the Middle East.
Spot gold was up 0.5% at $2,397.65 per ounce. US gold futures climbed 0.7% to $2,396.70.
The US central bank’s Federal Ope…
The Japanese yen strengthened today, reversing earlier declines, as an escalation in Middle-East tensions ignited safe-haven demand for the Japanese currency.
The dollar was last down 0.17 percent at 153.51 yen after slipping as much as 0.35 percent …
Oman oil price (September delivery 2024) reached 80.56 US Dollars, comprising a drop by 1.14 US Dollars compared to the price of last Friday which stood at 81.70 US Dollars.
The average price of Oman oil (July delivery 2024) has stabilized at 83.89 U…
Bethlehem Ma’an – Following the recent events in the north, and against the backdrop of growing fears of a security escalation in anticipation of an Israeli response in Lebanon, the dollar and the euro are recording a jump against the shekel.
The dol…
Sanaa – Ma’an – The material damage caused by the Israeli attack on the port of Hodeidah in western Yemen amounted to about $20 million, excluding oil losses, according to an official at the strategic seaport.
Israel launched an attack on the Houthi-…
Washington – Ma’an – Oil prices rose in trading on Monday, amid fears that the conflict in the Middle East could expand to Lebanon.
By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures rose 0.61% to $77.63 per barrel, while Brent crud…
