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Author: Web Desk

Gold Up as Investors Await US Economic Data

Gold prices inched higher today, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.

Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.

As for other precious …

Oil Prices Rise Affected by Falling US Crude Inventories

Oil prices rose today after several days of decline, affected by falling US crude inventories.

Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or 0.5%, t…

MSX Gains 5 Points

Muscat Stock Exchange (MSX) general index (30) today gained (5.8) points, comprising a rise by (0.12%) to close at (4667.43) points, compared to the last session, which stood at (4661.63) points.

The trading value today stood at (RO 2,855,253), compr…

Oman Oil Price Drops 1.29 US Dollars

Oman oil price (September delivery 2024) today reached 80.66 US Dollars, comprising a drop by 1.29 US Dollars, compared to the price of yesterday (Tuesday) which stood at 81.95 US Dollars.

The average price of Oman oil (July delivery 2024) has stabil…

China Reaffirms Willingness to Mediate in Ukraine War

China expressed its readiness to mediate in the ongoing conflict between Ukraine and Russia during a meeting with Ukrainian Foreign Minister Dmytro Kuleba in the southern city of Guangzhou today.

The Chinese foreign minister, Wang Yi, said that China…