Business

Gold Prices Rise Amid Optimism about US Interest Rate Cuts

Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…

Spot Value in Qatar

Doha: Rates against US Dollar as issued on Tuesday by Qatar National Bank (QNB) are as following: Currency Buying Selling QAR 3.64000 3.64150 SAR 3.75060 3.75080 AED 3.67280 3.67310 BHD 0.37697 0.37701 KWD 0.30545 0.30605 GBP 1.29610 1.29690 EUR 1.089…

Oil prices decline at settlement

Oil prices fell at settlement at the end of Monday’s trading.

Brent crude futures fell 18 cents, or 0.2 %, to settle at $84.85 per barrel.

US West Texas Intermediate crude also fell 30 cents, or 0.4 %, to reach $81.91 per barrel upon settlement.

Th…

QSE Index Drops 0.07% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in three sect…