Month: October 2024

Gold Falls as Dollar Rises amid Fed Signals

Gold prices declined on Monday, pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory.

Spot gold fell 0.5% to $2,732.90 per ounce. Prices hit a record high of $2,758.37 on …

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Dollar Rises Supported by US Bond Yields

The dollar rose Monday, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts the softest since late July. The yen was…

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Oil Prices Slump more than 4%

Oil prices tumbled more than $3 a barrel on Monday amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at the open. Brent was at $72.88 a barrel, down $3.17, or 4…

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QSE Index Closes Lower

Doha: Qatar Stock Exchange (QSE) index lost 55.67 points on Monday to close at 10,504.28 points.

The 0.53 percent decline was observed in 15,020 transactions with 235,303,756 shares being traded at a value of QR 418,497,173.313.

The shares of 23 com…

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