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
Tender Results of Government Treasury Bills Worth RO 9.2 Million Issued
Muscat: The total issuance of Government Treasury Bills stood at RO 9.2 million. The value of the allotted Treasury bills amounted to RO 5 million, for a maturity period of 28 days.
According to Oman News Agency, the average accepted price for thes…
Results Announced for 11th Local Sovereign Sukuk Issue
Muscat: Oman Sovereign Sukuk Company SAOC, on behalf of the Government of the Sultanate of Oman, represented by the Ministry of Finance, announced the subscription results of the 11th local sovereign sukuk issuance, with a total issuance value of RO 1…
Salalah Airport Passenger Traffic Rises by 5.2% Despite Overall Decline in Omani Airports
Salalah: The total number of passengers traveling through Omani airports reached approximately 8,366,273 by the end of July 2025, marking a 1.3% decrease compared to the same period last year, when the total was 8,478,607 passengers.
According to O…