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Category: Trading

Gold Prices Rise on Weaker US Dollar

New york: Gold prices today rose, supported by a weaker dollar and increased demand for safe-haven assets, amid uncertainty over US tariff policy and talks between the United States and Iran. Spot gold climbed 0.3 percent to $5,183.85 per ounce, marki…

Oil Prices Surge Amid US-Iran Tensions and Inventory Concerns

Geneva: Oil prices climbed today, hovering near seven-month highs, as investors gauged whether US-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in US crude inventories. Brent futures were…

Gold Rises Amid US Tariff Uncertainty

Mogadishu: Gold prices rose at the beginning of trading today by about one percent, as investors turned to the safe haven during Asian trading, while assessing the uncertainty surrounding the US tariffs imposed by President Donald Trump. Spot gold ros…

MSX Gains 95 Points

Muscat: The Muscat Stock Exchange “30” index concluded today’s trading session at 7,387.69 points, gaining 95.8 points, which constitutes a rise by 1.31 percent from the previous close of 7,291.91 points. Trading value soared to RO 82,654,797, marking…

Dollar Weakens, Yen Nears Two-Week Low

Mogadishu: The dollar weakened against several major currencies, while the wobbly yen was pinned near a two-week low, and the inflation surprise sent Australia’s dollar higher today. The Australian dollar rose 0.7 percent to $0.7109 after a pickup in …