August 8, 2024

Gold Prices Rise Amid Optimism About US Interest Rate Cut

Gold prices rose amid optimism about a cut in US interest rates, while traders are awaiting economic data for clues on the path that the Federal Reserve (the US central bank) will follow.

Safe-haven spot gold rose 0.3 percent to $2,389.42 an ounce, w…

Gold Prices in Qatar’s Market Fall by 2.06% During Current Week

Doha: Gold prices in the Qatari market fell by 2.06 percent during the current week, reaching USD 2,393.24000 per ounce, according to the data issued by Qatar National Bank (QNB).

Comparing these data showed that the price of an ounce of gold fell fr…

QIC Restructures UK Motor Insurance Operations

Doha: Qatar Insurance Company (QIC) announced the completion of the strategic restructuring of its motor insurance operations in the United Kingdom.

The group indicated that this new structure is in line with its strategy to organize the subscription…

Oman Oil Price Rises USD 1.27

Oman oil price (October delivery 2024) reached USD 76.27 pb, comprising a rise by 48 cents compared to the price of yesterday (Wednesday), which stood at USD 75.49 pb.

The average price of Oman oil (August delivery 2024) has stabilized at USD 82.50 p…