Gold prices rose amid optimism about a cut in US interest rates, while traders are awaiting economic data for clues on the path that the Federal Reserve (the US central bank) will follow. Safe-haven spot gold rose 0.3 percent to $2,389.42 an ounce, while US gold futures fell 0.2 percent to $2,428.40. As for other precious metals, silver rose by about 1 percent to $26.84 an ounce, platinum rose by 0.1 percent to $920.40, while palladium gained 1.2 percent to $892.75. Source: Oman News Agency
Related Articles
Oman Oil Price Declines by USD 20.25
Muscat: The official price of Oman crude oil for June delivery settled at USD 99.06 per barrel today. This marks a decrease of USD 20.25 compared to yesterday Tuesday’s closing price of USD 119.31 per barrel.
According to Oman News Agency, the monthl…
Muscat Plastic Recycling Lab Launched
Muscat: Omran Group, in partnership with Oman Sail and Re-Solution, launched today in Muscat the “Muscat Plastic Recycling Lab” to enable various segments of society to understand plastic types and the mechanisms of recycling and transforming them int…
OHA to Organize Three Championships Alongside FIH Congress in November
Oman Hockey Association (OHA) today unveiled its programme of events to be held on the sidelines of the 49th Congress of the International Hockey Federation (FIH), to be hosted by the Sultanate of Oman, represented by the OHA, from 7 to 9 November 202…