Tokyo: The dollar took a breather on Thursday, following a sharp bounce after President Donald Trump backed away from threats to fire Federal Reserve chair Jerome Powell and his administration opened the door to a softer stance on China tariffs. After dipping below 140 yen on Tuesday, the dollar has rebounded off major chart support … Read more
Doha: Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week low amid optimism over the US-China trade deal. Spot gold rose 1.5% to $3,335.39 an ounce, while US gold futures gained 1.5% to $3,344. The dollar index fell 0.3% against its peers, making greenback-priced bullion … Read more
Doha: The general index of Qatar Stock Exchange (QSE) experienced an increase of 33.41 points, or 0.33%, as trading commenced on Thursday, reaching a level of 10,270 points compared to the previous closing figure. According to Qatar News Agency, the index’s rise was supported by gains observed across multiple sectors. Notably, the Telecoms sector saw … Read more
Kuwait City: Kuwait crude oil rose USD 1.06 on Wednesday’s trading to reach USD 72.17 per barrel compared with USD 71.11 pb the day before, according to Kuwait Petroleum Corporation (KPC). According to Qatar News Agency, Brent futures dropped USD 1.32 to USD 66.12 pb and West Texas Intermediate (WTI) lost USD 1.40 to USD … Read more
Doha: The price of gold in the Qatari market rose slightly by 0.03% this week, reaching $3,329.02130 per ounce on Thursday, according to data released by Qatar National Bank (QNB). According to Qatar News Agency, the price increased from $3,328.05000 recorded Sunday. The data also indicated that the rest of the precious metals saw weekly … Read more