Market

Gold Prices Fall After Dollar Rise

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Gold prices eased on Wednesday as the dollar held firm, while investors looked for more US economic data for further cues on upcoming rate cuts by the Federal Reserve. Spot gold was down 0.5 percent at USD 2,649.17 per ounce. US gold futures eased 0.7 percent to USD 2,670.30. Market participants will now monitor employment data and remarks from Fed officials later in the day, along with services data and nonfarm payrolls (NFP), due later this week. Spot silver shed 0.8 percent to USD 31.17 per ounce, platinum was steady at USD 986.43 and palladium rose 0.5 percent to USD 999.94. Source: Qatar News Agency

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Settlers Storm Al-Aqsa Mosque

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Settlers stormed the blessed Al-Aqsa Mosque in the occupied Jerusalem on Tuesday, under the protection of the Israeli occupation police.

The settlers stormed the mosque in groups, carried out provocative tours, and performed Talmudic rituals in its c…
Market

QSE Index Loses 32.21 Points at Start of Trading

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Doha: Qatar Stock Exchange index dropped 32.21 points, or 0.32%, at the start of trading on Wednesday, reaching 10,126 points, compared to yesterday’s closing.

QSE general index saw a rise in Industrials by 0.53%; Real Estate by 0.29%; Consumer Goods…
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Qatar Airways Awarded ‘Airline of the Year’ Title by Skytrax for Eighth Time

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Doha: Qatar Airways has been awarded the ‘Airline of the Year’ title by Skytrax, returning to the top for an unprecedented eighth time.

This distinction highlights the airline’s unwavering commitment to excellence.

The 5-star carrier was also recogn…

Market

Gold Prices Fall After Dollar Rise

webdeskComments Off on Gold Prices Fall After Dollar Rise

Gold prices eased on Wednesday as the dollar held firm, while investors looked for more US economic data for further cues on upcoming rate cuts by the Federal Reserve. Spot gold was down 0.5 percent at USD 2,649.17 per ounce. US gold futures eased 0.7 percent to USD 2,670.30. Market participants will now monitor employment data and remarks from Fed officials later in the day, along with services data and nonfarm payrolls (NFP), due later this week. Spot silver shed 0.8 percent to USD 31.17 per ounce, platinum was steady at USD 986.43 and palladium rose 0.5 percent to USD 999.94. Source: Qatar News Agency

webdesk
http://arabnewsnetwork.ps

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Qatar Foreign Merchandise Trade Shows Surplus of QR 19.8 Billion in August

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Doha: In August 2024, the State of Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 19.8 billion almost, i.e., a decrease of about QR 1.5 billion or 7.2% compared to A…
Market

Qatar Participates in Second Gulf-Azerbaijani Economic Forum

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The State of Qatar took part in the second edition of the Gulf-Azerbaijani Economic Forum, held in Baku on September 25-26 under the theme “Sustainability Investments Partnerships.” The Qatari delegation was led by HE Undersecretary of the Ministry of…
Market

Launching ‘MAXUS’ in Palestine: Qirsh Motor Mall Opens a New Chapter in the World of Electric Cars

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Ramallah – Ma’an – In a unique step witnessed by the Palestinian car market, “Qarsh Motor Mall” announced the launch of a new and distinctive electric car dealership bearing the name of the well-known brand “Maxus”. This step comes as part of the comp…