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Category: Trading

Gold Hits Two-Week High on US Debt Concerns, Bonds Soft Demand

Muscat: Gold prices today rose to a two-week peak as investors leaned toward the safe-haven asset amid mounting concerns over the US government’s growing debt and soft demand for 20-year Treasury bonds, highlighting low appetite for US assets. Spot go…

Dollar Swoons on Fiscal Worries

Tokyo: US fiscal concerns and a tepid auction of Treasury bonds today slapped the US dollar to a two-week low versus the yen. The dollar slipped to 143.27 yen early in Asia, marking its weakest level since 7 May 2025.

According to Oman News Agency, …

Oman Oil Price Declines 2.37 US Dollars

Muscat: Oman oil price for July delivery 2025 has reached 63.68 US Dollars, marking a decline of 2.37 US Dollars compared to yesterday’s price of 65.05 US Dollars.

According to Oman News Agency, the average price of Oman oil for May delivery 2025 has…

IMF Mission Begins Visit to Oman

Muscat: The 2025 International Monetary Fund (IMF) staff mission to the Sultanate of Oman today commenced and will continue through 29 May 2025. This visit is part of the IMF’s regular Article IV consultations, conducted in accordance with its Article…

MSX Gains 26 Points

Muscat: Muscat Stock Exchange (MSX) general index (30) today gained 26.3 points, comprising a rise by 0.59% to close at 4497.48 points, compared to the last session, which stood at 4471.13 points.

According to Oman News Agency, the trading value to…