Market

Gold Breaks $2600 Following US Fed Rate Cut

Gold prices surpassed the $2600 mark for the first time ever today, continuing their upward trajectory since the Federal Reserve’s decision to cut interest rates.

Spot gold rose 1.3 percent to $2620.63 per ounce, while U.S. gold futures gained 1.2 pe…

US Stock Markets Close Mixed

New york: Major stock indexes on the US Wall Street Exchange closed mixed at the end of today’s trading session.

According to Qatar News Agency, the S and P 500 index ended the session down by 16.40 points, or 0.26%, closing at 6,394.97 points. The …

Oil Heads for Weekly Gain after Fed Rate Cut

Oil prices edged lower on Friday, but were on track to end higher for a second straight week following a steep interest-rate cut by the US Federal Reserve and declining global stockpiles.

Brent futures traded lower 26 cents, or 0.4%, to $73.62 a bar…