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Category: Industry

Gold Falls Amid Inflation Concerns

Doha: Gold prices fell on Monday amid concerns that elevated inflation could keep interest rates higher for longer spot gold fell 0.6% at $4,684.32 per ounce. US gold futures for June delivery lost 0.8% at $4,692.70. Spot silver rose 0.7% at $80.88 pe…

European Stocks Show Limited Movement Amid Cautious Trading

Doha: European stocks showed limited movement during trading on Monday, amid cautious trading conditions. The pan-European STOXX 600 index was steady at 611.67 points, while European markets turned in a mixed performance, with the FTSE 100 index risin…

Demand for Travel Boosts China’s Consumer Inflation in April

Doha: China’s consumer price index (CPI), a main gauge of inflation, rose 1.2 percent year on year in April, up 0.2 percentage points from the previous month, according to data released by the National Bureau of Statistics. The core CPI, which exclude…

Qatar National Bank Releases New Exchange Rates

Doha: Qatar National Bank (QNB) has issued the latest exchange rates against the US Dollar, revealing detailed buying and selling prices for a variety of currencies. These rates were released on Monday and provide a comprehensive guide for those engag…

Oman Crude Oil Price Sees Significant Increase

Muscat: The official price of Oman crude oil for July delivery has reached USD 101 per barrel on Monday. This marks an increase of USD 3.94 compared to last Friday’s price, which was USD 97.06 per barrel.

According to Qatar News Agency, the monthly …

Exchange Rates in Qatar Show Stability Across Multiple Currencies

Doha: The latest exchange rates in Qatar demonstrate relative stability across a range of currencies, reflecting the current state of the international currency market. The Qatari market is offering competitive rates for several currencies, including …

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