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Category: Trading

Gold Rises Slightly on Weaker Dollar

Muscat: Gold prices ticked up today, buoyed by a weaker dollar, as investors focused on US-China talks. Spot gold rose 0.3% to $4,699.87 per ounce, while gold futures for June delivery were steady at $4,706.90. Spot silver fell 0.4% to $87.64 per ounc…

Oman Oil Price Rises by 17 Cents

Muscat: The official price of Oman oil for July delivery stood at USD 104.81 per barrel today. This reflects a rise of 17 cents compared to USD 104.64 per barrel on Wednesday.

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

Dollar Boosted by Rising US Bond Yields

New york: The dollar got a lift from elevated US Treasury yields today as investors wagered the Federal Reserve would hike rates this year, while an ongoing standoff between the US and Iran over the war in the Middle East drove more safe-haven flows.
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