Singapore, Gold prices firmed today as the dollar remained soft, with investors awaiting Federal Reserve Chair Jerome Powell's testimony and June inflation data to assess the next policy move by the US central bank. Spot gold rose 0.4% at $2,368.06 per ounce after falling over 1% on Monday. US gold futures firmed 0.5% to $2,373.90. Spot silver rose 0.7% to $31.00 per ounce, platinum edged 1.4% higher to $1,010.70 and palladium gained 0.9% to $1,017.94. Source: Oman News Agency
Related Articles
Gold Prices Climb on US Tariff Threat
Muscat: Gold prices climbed today as US President Donald Trump’s fresh threat to double tariffs on imported steel and aluminum prompted investors to seek refuge in safe-haven bullion. Spot gold was up 0.6% at $33309.89 an ounce.
According to Oman Ne…
Asyad Group Expands Global Reach with Ligentia Acquisition
Muscat: Asyad Group, the global integrated logistics provider, announced its acquisition of Ligentia, a premier UK-based fourth-party logistics (4PL) provider. This landmark deal is the Group’s second major international acquisition in less than two y…
MSX 30 Index Declines by 90 Points
Muscat: The Muscat Stock Exchange “MSX 30” index today concluded trading at 7,480.61 points, marking a decrease of 90.8 points, or 1.20 percent, from the previous session’s closing figure of 7,571.40 points.
According to Oman News Agency, the tradi…
