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Category: Trading

Gold Prices Rise on Hopes of US Interest Rate Cut

Gold prices went up today amid expectations of a US rate cut in September and rising geopolitical tensions in the Middle East.

Spot gold was up 0.5% at $2,397.65 per ounce. US gold futures climbed 0.7% to $2,396.70.

The US central bank’s Federal Ope…

Japan’s Nikkei Index Closes Up by More Than 2 Percent

The Japanese Nikkei index closed up by more than two percent today from its three-month low, recorded in the previous session. The index has recovered, supported by improved investor sentiment following Wall Street’s rise at the end of last week.

The…

European Shares Open Higher Buoyed by Oil Sector

The European shares kicked off the week on a positive note, buoyed by the global oil sector amid fears of a widening conflict in the Middle East and as a raft of upbeat earnings updates also lifted the overall market sentiment.

The pan-European STOXX…

Conference on Institutional Risks Kicks Off

The Ministry of Labour is organizing a two-day event titled ‘Corporate Risk Management Conference’.

The opening ceremony was held at Oman Convention and Exhibition Centre today under the auspices of Dr. Nasser Rashid Al Ma’awali, Undersecretary of th…