Gold prices fell 1 percent Wednesday, after data showed that consumer prices in the United States rose in July as expected, reducing expectations of a large interest rate cut by the Federal Reserve next month.

Spot gold fell 1 percent to $2,440.62 pe…

Doha: Gold prices in the Qatari market rose by 0.88 percent during the current week, reaching USD 2,452.93000 per ounce, according to the data issued by Qatar National Bank (QNB).

The data showed that the price of an ounce of gold rose from USD 2,431…

Tokyo stocks closed higher Thursday, boosted by the Japanese economy turning into annual growth in the second quarter of 2024 with an increase in consumption.

The Tokyo Stock Exchange reported that the Japanese Nikkei 225 index ended today’s session …

The dollar was soft on Thursday, with the euro perched near an eight-month high after data showed US inflation was slowing, underpinning wagers that the Federal Reserve could lower borrowing costs next month.

The dollar index, which measures the US u…

Newly released GDP figures show Japan’s economy expanded for the first time in two quarters in the three months through June.

The Cabinet Office said on Thursday that preliminary data shows gross domestic product grew by an annualized 3.1 percent in …

Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.

Spot gold was up…