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Category: Trading

Dollar Rises Slightly Amid Anticipation of US Jobs Data

Muscat: The dollar rose slightly today after the US-Vietnam trade agreement, as traders awaited jobs data to gauge the Federal Reserve’s interest rate outlook. The pound last fetched $1.3628, while the euro eased a touch to $1.1788, still near the Sep…

Gold Price Drops After US-Vietnam Trade Deal

Muscat: Gold prices declined today after a US-Vietnam trade deal eased tensions, while investors awaited the US payroll data later in the day for clues about the Federal Reserve’s policy path.

According to Oman News Agency, spot gold lost 0.3% to $…

Oman Oil Price Rises 1.08 US Dollars

Muscat: Oman oil price for September delivery 2025 today reached 69.78 US Dollars, marking an increase of 1.08 US Dollars compared to yesterday’s price which stood at 68.70 US Dollars.

According to Oman News Agency, the average price of Oman oil for …

Dollar Drops as Optimism Over US Trade Deals Grows

New york: The US dollar today wallowed near its lowest level in nearly four years against the euro as market optimism over US trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The dollar index, which measures the US currency a…

Oil Prices Decline as Geopolitical Risks in Middle East Recede

Muscat: Oil prices today fell 1% in early Asian trading, as easing geopolitical risks in the Middle East and the possibility of a further increase in OPEC+ production in August bolstered supply expectations. Brent crude futures for August delivery fel…

Gold Falls to One-Month Low as Trade Tensions Ease

Muscat: Gold prices today fell to their lowest in more than a month, as easing trade tensions between US and China dampened safe-haven demand. Spot gold was down 0.3% at US$3,264.64 per ounce, after hitting its lowest level since 29 May 2025. US gold …