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Category: Trading

Gold Falls as Dollar Strengthens, Inflation Data Awaits

Muscat: Gold prices dipped today, as the US dollar firmed after stronger-than-expected January jobs data dented expectations for near-term interest rate cuts, while investors awaited inflation data on Friday for more monetary policy cues. Spot gold ed…

Nikkei Surpasses 58,000 Points for the First Time

Tokyo: Japan’s Nikkei index today exceeded the 58,000-point level for the first time, buoyed by a wave of gains in government bonds and the yen, as markets absorb the implications of Japanese Prime Minister Sanae Takaichi’s historic election win. With…

Oil Prices Steady as Traders Await US Oil Inventory Data

Muscat: Oil held steady today, as traders are waiting for weekly US oil inventory data. Brent crude oil futures were up 23 cents, or 0.3%, at $69.03 a barrel. US West Texas Intermediate crude rose 23 cents, or 0.4%, to $64.19.

According to Oman News…

Dollar Eases as Yen Firm on Japan Equity Rally

Tokyo: The US dollar weakened today, while the Japanese yen maintained its recent gains, buoyed by a rally in Japanese equities and investor expectations that Prime Minister Sanae Takaichi’s landslide victory would bolster her fiscal policy agenda. Th…

Oman Oil Price Rises 56 Cents

Muscat: Oman oil price for April delivery in 2026 has increased to 68.56 US Dollars, marking a rise of 56 cents from the previous day’s price of 68 US Dollars.

According to Oman News Agency, the average price of Oman oil for February delivery in 2026…