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Category: Trading

Gold Prices Fall as Hopes for Interest Rate Cuts Fade

Muscat: Gold prices fell today, pressured by a stronger dollar and fading hopes for a Federal Reserve interest rate cut, as well as rising oil prices amid concerns about a prolonged US-Israel-Iran war and stronger-than-expected US jobs data. Spot gold…

Oman and Belarus Discuss Pathways to Strengthen Economic Ties

Muscat: Anwar Hilal Al Jabri, Minister of Commerce, Industry and Investment Promotion, today received Maxim Ryzhenkov, Minister of Foreign Affairs of the Republic of Belarus, at the “Invest in Oman” lounge. During the meeting, the two sides reviewed e…

Gold Price Drops, Ending Four-day Streak of Gains

Japan: Gold prices reversed their course today, dropping more than 1%, ending a four-day streak of gains. Spot Gold dropped 1.3%, to $4694.48 an ounce, and US Gold Futures fell 1.9%, to $4,723.70.

According to Oman News Agency, Other metals saw spot…

European Stock Prices Drop at Start of Trading

Japan: European stock markets opened lower today: The pan-European STOXX Europe 600 fell by 0.2% at the start of trading, amid geopolitical pressures on markets.

According to Oman News Agency, among major markets, France’s CAC 40 in the Paris Stock …