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Category: Industry

Gold Stagnant Ahead of Fed Decision

Gold struggled for momentum on Tuesday as investors looked for more cues on when the US Federal Reserve will cut interest rates from this week’s policy meeting and data releases.

Spot gold was down 0.1% at $2,380.31 per ounce, and US gold futures wer…

Mixed Closing for Major Wall Street Indices

The main indices on Wall Street closed on a mixed note at the end of Monday’s trading session.

The S and P 500 index rose by 4.5 points, or 0.08 percent, to reach 5,463.6 points.

The Nasdaq Composite index gained 12.32 points, or 0.07 percent, to se…

QSE Index Closes Down 0.19 Percent

Qatar Stock Exchange (QSE) general index closed on Tuesday by 19.51 points (0.19 percent) down from its previous closing, to reach 10,150.46 points.

During the session, a total of 106,321,244 shares were traded, valued at QR 282,165,259.596, through …

Oil Prices Continue to Fall in Early Asian Trading

Early Asian trade on Tuesday saw a decline in oil prices, continuing losses from the previous session, amid concerns about demand in China.

Brent crude oil futures had dropped by 12 cents, or 0.15%, to $79.78 per barrel. At $75.67 per barrel, US oil …

Oil Prices Drop to Lowest Levels Since Early June

Oil prices fell to their lowest levels since early June today, as worries over Chinese demand outweighed expectations of declining crude and petroleum product inventories in the United States.

Brent crude futures decreased by 77 cents, or 0.97 percen…

QCB Launches ‘Request to Pay’ Through Fawran Service

Qatar Central Bank (QCB) announced Tuesday the launch of “Request to Pay” option through “Fawran” service, in line with the Third Financial Sector Strategic Plan, and in continuation of its efforts to improve the instant payment system in the country….

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Gold Prices Climb by One Percent Amid Declining Oil Prices

London:Gold prices increased by approximately one percent, bolstered by a decline in oil prices as investors anticipate the upcoming US Federal Reserve monetary policy meeting for insights on future interest rate directions.

According to Qatar News …