Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts.

Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40.

For other precious m…

Omani Oil Price Declines $1.10

Muscat, Oman oil price (June delivery 2024) reached $82.89 today, a decline of $1.10 compared to yesterday’s price which stood at $84.8.

The average price of Oman oil (May delivery 2024) was $78.49 per barrel, thus $3.74 per barrel lower than the Apr…

QSE Index Closes 0.05 Percent Higher

Doha: Qatar Stock Exchange (QSE) general index closed at 9,622.96 points on Wednesday, 4.39 points (0.05 percent) up from its previous closing.

A trading volume of 249,057,570 shares was traded in 22,611 transactions in all sectors, with a total trad…

Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts.

Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40.

For other precious m…

17 tons of expired materials were seized last month

Ramallah – Ma’an – The Ministry of National Economy said that the Ministry’s consumer protection crews seized 17 tons of expired materials that violated mandatory technical instructions, most of them non-national, during the month of April.

The Minis…

The dollar declines and stabilizes at 3.7 shekels

Bethlehem Together – The dollar was trading this morning at 3.7 shekels, a level about 0.5% lower than the level at which the dollar was trading yesterday.

The euro fell by about 0.7% and is trading at 3.98 shekels, and the pound sterling fell by abo…

Oil prices continue to decline

Bethlehem – Ma’an – Oil prices continued to decline in trading today, Wednesday, and the price of a barrel of Brent crude fell below the level of $82 for the first time since last March 13.

By 11:47 Moscow time, global Brent crude futures contracts f…

QSE Index Drops 19.45 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 19.45 points, or 0.20%, at the beginning of trading on Wednesday, reaching 9.599 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in most sectors: I…