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Day: October 7, 2025

Gold Surges to New Record on Safe-Haven Demand, Fed Rate-Cut Bets

Muscat: Gold surged to a fresh record high today as investors sought safe-haven assets amid a prolonged US government shutdown and growing expectations of a Federal Reserve rate cut later this month. Spot gold rose 0.4% to $3,974.09 per ounce, trading…

No Place is Safe for Children in Gaza: UNRWA

Muscat: The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) confirmed that Gaza is home to one million children yet no place is safe, noting that Israeli occupation forces killed children in Gaza while they slept.

According to …

Dollar Rises as Yen Falls to Two-Month Low

Tokyo: The dollar index, which measures the greenback against a basket of currencies, added 0.05% to 98.17 as the yen weakened to a two-month low against the dollar.

According to Oman News Agency, the yen lost 0.2% to 150.59 per dollar and earlier t…

Meeting Held Between Border Authorities of Oman and Saudi Arabia

Muscat: The 17th Meeting of First-Tier Border Authorities between the Sultanate of Oman and the Kingdom of Saudi Arabia (KSA) was held today in the Muscat Governorate. The meeting focused on discussing topics of mutual interest and exploring ways to e…