Market

Saudi Stock Market Index Sees Significant Gains

Riyadh: The main index of the Saudi stock market experienced a notable increase on Wednesday, climbing by 550.03 points to settle at 11,426.45 points. The day’s trading witnessed a substantial total volume of SR 14.4 billion.

According to Qatar News…

Gold Scales New High as Dollar Weakens Ahead of Fed Meeting

Doha: Gold prices scaled a record peak on Tuesday, supported by a weaker dollar ahead of the Federal Reserve’s policy meeting this week, where the central bank is widely expected to cut borrowing rates. Spot gold rose 0.1% to $3,680.17 per ounce, afte…

Dollar on Back Foot as Traders Eye Series of Fed Rate Cuts

Doha: The dollar sank to a 2-1/2-month low against the euro with investors cemented bets for a Federal Reserve interest rate cut this week. The greenback changed hands just shy of a more than two-month low on the British pound while the euro was littl…