Day: September 5, 2024

MSX Drops 20 Points

Muscat Stock Exchange (MSX) general index (30) today lost (20.2) points, comprising a drop by (0.42%) to close at (4760.85) points, compared to the last session, which stood at (4781.07) points.

The trading value today stood at (RO 5,083,211), compri…

Gold Prices Rise Again

Gold prices rose today after recent data boosted bets on a major US interest rate cut this month.

Spot gold rose 0.5 percent to USD 2,506 an ounce, while US gold futures rose 0.4 percent to USD 2,536.10.

Among other precious metals, spot silver rose…

Dollar Falls on Bolstered Expectations of Supersized US Rate Cut

The dollar continued to decline today as renewed concerns over the US economy’s growth outlook bolstered expectations of a supersized rate cut from the Federal Reserve this month (September 2024).

The dollar index, which measures the performance of t…