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Day: May 12, 2025

Gold Falls amid Optimism over US-China Talks

Muscat: Gold prices today fell as optimistic signals from US-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards riskier investments. Spot gold fell 1.1% to $3,277.68 an ounce. US gold futures lost 1.6%…

US Announces Trade Deal with China

Geneva: The White House announced that the United States has reached a tentative trade agreement with China following two days of high-level negotiations in Geneva.

According to Oman News Agency, the announcement came after the US Treasury Secretary…

Agreements Inked in OPES, Oman Sustainability Week 2025

Muscat: Under the patronage of HH Sayyid Taimour bin Asaad Al Said, Oman Petroleum and Energy Show (OPES) and Oman Sustainability Week 2025 commenced today at the Oman Convention and Exhibition Centre. Organized by Oman Exhibition and Conference Compa…

Dollar Gains amid China-US Trade Optimism

Muscat: The dollar climbed 0.4% to 145.93 yen and 0.5% to 0.8337 Swiss francs.

According to Oman News Agency, the dollar index was little changed near a one-month high. The euro stood at $1.1228, down 0.2%, and the sterling traded at $1.3288, down 0…