Business

Gold Prices Stabilize at $5,000.77 Per Ounce

Muscat: Gold prices were stable on Wednesday, with spot gold falling 0.1 percent to $5,000.77 per ounce. U.S. gold futures for April delivery also declined 0.1 percent to $5,004.60, according to Oman News Agency.

According to Yemen News Agency, othe…

Business

Muscat Stock Exchange Index Rises by 1.32 Percent

Muscat: The Muscat Stock Exchange (MSX) 30 Index closed Wednesday at 7765.46 points, up 100.8 points, or 1.32 percent, compared to the previous trading session’s close of 7664.63 points. Trading value reached 70,073,409 Omani rials, a 93.6 percent inc…

Business

Asian Stocks Rise on Oil Price Decline

Muscat: Asian stocks rose on Wednesday, buoyed by a decline in oil prices after a sharp rally, as investors turned their attention to the US Federal Reserve meeting amid escalating geopolitical tensions in the Middle East. A report published by Singap…