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Category: Industry

Gold Rebounds From Over One-Week Low Amidst US-Iran Peace Talks

Gold: Gold rebounded from a more than one-week low on Monday as oil prices fell on signs of progress in US-Iran peace talks, though expectations of higher interest rates after hawkish Federal Reserve signals weighed on the metal’s outlook.

According…

Oil Prices Dip as US-Iran Talks Conclude in Switzerland

Geneva: Oil prices slid on Monday following the conclusion of US-Iran talks in Switzerland.

According to Qatar News Agency, Brent crude experienced a decrease of $1.53, or 1.90%, settling at $79.04 a barrel. This decline came after an initial rise t…

Oman Crude Falls to USD 72.20 per Barrel

Muscat: The official price of Oman crude oil for August delivery stood at USD 72.20 per barrel on Friday.

According to Qatar News Agency, the price declined by USD 1.00 compared to Thursday’s price of USD 73.20 per barrel. The average price of Omani…

Gold Heads for Third Weekly Loss Amid Stronger Dollar

Geneva: Gold prices edged lower on Friday and were on track for a third consecutive weekly decline, pressured by a stronger US dollar and growing concerns over a potential interest rate hike by the US Federal Reserve. Spot gold fell nearly 2 percent t…

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