Muscat: Gold and silver prices surged to record highs today, supported by expectations of a US Federal Reserve interest rate cut in September. Spot gold rose 0.8% to $3,475.72 per ounce, its highest level since April 23, while US gold futures for Dece…
Muscat: The total issuance of Government Treasury Bills amounted to RO 8 million. The value of the allotted Treasury bills amounted to RO 8 million, for a maturity period of 91 days. The average accepted price reached RO 98.955 for every RO 100, and t…
Tokyo: Japan’s Nikkei share average fell to a three-week low today as chip-related stocks slumped, tracking a technology-led sell-off on Wall Street last Friday.
According to Oman News Agency, the Nikkei dropped more than 2% to 41,849.82 at the midd…
Muscat: Oil prices edged lower today, pressured by signs of higher production and concerns over the impact of US tariffs on demand. Brent crude futures fell 12 cents, or 0.18%, to reach $67.36 per barrel, while US West Texas Intermediate (WTI) crude d…
Tokyo: The dollar was adrift today as markets looked ahead to a raft of US labor market data this week that could determine the size of the Federal Reserve’s expected rate cut later this month. The dollar rose 0.1% against the yen to 147.20 in the ear…
Muscat: The Ministry of Energy and Minerals has unveiled new investment opportunities in four concession areas, open for competition among local and international companies as part of the 2025 Mining Bidding Round.
According to Oman News Agency, thi…
