Category: Industry

Gold, Silver Jump to New Highs

Gold hit a record high on Monday, extending its blazing rally amid uncertainties surrounding the US election, simmering Middle-East tensions, and interest rate cuts by major central banks, while silver scaled a near 12-year peak.

Spot gold was up 0….

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China Cuts Market-based Benchmark Lending Rates

China on Monday cut its market-based benchmark lending rates, with the one-year loan prime rate (LPR) down to 3.1 percent from the previous reading of 3.35 percent.

According to the National Interbank Funding Center, over-five-year LPR, on which man…

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Dollar Set to Extend Gains in Early Trade

The dollar extended gains on Monday amidst counting down to the US presidential election in two weeks, and rising bond yields.

The yen fell 0.2% to 149.26 against the dollar but remained near 150 against the greenback after briefly breaching that le…

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Dollar Set to Extend Gains in Early Trade

The dollar extended gains on Monday amidst counting down to the US presidential election in two weeks, and rising bond yields.

The yen fell 0.2% to 149.26 against the dollar but remained near 150 against the greenback after briefly breaching that le…

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Consumer Price Index Up 0.82% Y-o-Y in September

Doha: Qatar’s Consumer Price Index (CPI) of Sept. 2024 reached 107.82 points, rising by 0.33% when compared to CPI of Aug. 2024, and by 0.82% when compared to CPI of Sept. 2023.

When comparing the main components of CPI of Sept. 2024 with the previou…

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Dollar Set to Extend Gains in Early Trade

The dollar extended gains on Monday amidst counting down to the US presidential election in two weeks, and rising bond yields.

The yen fell 0.2% to 149.26 against the dollar but remained near 150 against the greenback after briefly breaching that le…

Read More