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Category: Trading

Gold Edges Up with Focus on US Inflation Data

New york: Gold prices nudged higher today, after a sharp decline in the previous session, as investors looked forward to US inflation data that could offer further insight into the Federal Reserve’s rate-cut trajectory. Spot gold was up 0.3% at $3,354…

Oil Rises as US-China Tariff Extension Lifts Trade Hopes

Muscat: Oil prices rose today after the United States and China agreed to extend a pause on higher tariffs, easing concerns that an escalation of their trade dispute could damage economic growth and curb fuel demand in the world’s two largest oil cons…

Dollar Advances against Yen ahead of US Inflation Data

Tokyo: The dollar firmed against the yen today and held its ground against the euro and sterling, as markets braced for a US consumer inflation report later in the day that could shape expectations for Federal Reserve interest rate cuts. The dollar ad…

Khazaen Dry Port Enhances Integration with Sohar Port

Muscat: Khazaen Dry Port, part of Asyad Group, has been officially designated as a final destination for receiving containers from global ports. The port has also inaugurated a secure customs corridor with Sohar Port, reinforcing the integration of Om…