July 30, 2024

Gold Stagnant Ahead of Fed Decision

Gold struggled for momentum on Tuesday as investors looked for more cues on when the US Federal Reserve will cut interest rates from this week’s policy meeting and data releases.

Spot gold was down 0.1% at $2,380.31 per ounce, and US gold futures wer…

Oman Oil Prices Reach $79.56 a Barrel

The official price of Omani oil, for delivery in September, reached on Tuesday $79.56 per barrel, a decrease of $1 compared with Monday’s price, which amounted to $80.56.

It is noteworthy that the monthly average price of Omani crude oil for delivery…

European Stocks Close Higher on Corporate, Bank Gains

European stocks closed higher on Tuesday, supported by gains in corporate and bank shares, with investors focusing particularly on the Federal Reserve’s interest rate decision and monetary policy outlook.

The pan-European Stoxx 600 index closed 0.5 p…