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Gold Holds Ground as Traders Brace for US Inflation Data

Gold prices firmed for a third consecutive session on Thursday, with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve’s interest rate path.

The spot gold price was up 0.2% at $2,375.70 per ounce. Gold…

QSE Index Closes Higher on Thursday

Doha: The Qatar Stock Exchange (QSE) closed Thursday’s trading session with an increase of 15.67 points, or 0.15 percent, reaching 10,177.27 points.

During today’s session, 187,318,653 shares were traded, with a total value of QAR 432,653,450.418, re…

Sterling Rises Against Dollar to One-Month High

The pound sterling rose against the dollar Thursday, against the backdrop of receding expectations for an August rate cut from the Bank of England.

The dollar fell a touch although moves were largely subdued ahead of a US inflation report due later i…

China’s NEV Output, Sales Register Fast Growth in H1

China’s production and sales of new energy vehicles (NEVs) continued to maintain rapid growth in the first six months (H1) of this year, with the NEV market share steadily increasing in the domestic market.

During the period, the production of NEVs r…