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Category: Trading

Dollar Nears Three-Month High as Investors Await Economic Data

Muscat: The US dollar strengthened today to a near three-month high as investors awaited a series of economic data releases this week to gauge the outlook for the US economy and assess whether it could influence the Federal Reserve’s policy stance. Th…

Gold Prices Fall as Dollar Strengthens

Muscat: Gold prices declined today, weighed down by a stronger US dollar as investors scaled back expectations for further Federal Reserve interest rate cuts. Spot gold fell 0.8% to $3,968.76 per ounce, while US gold futures for December delivery slip…

MSX Gains 40 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,674.93 points, registering a gain of 40.8 points, equivalent to 0.72 percent, from its previous close of 5,634.11 points. Trading activity witnessed a decline, with to…