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Day: May 21, 2024

Gold Rises on Growing Rate-Cut Bets

Singapore, Gold prices rose on Tuesday, hovering near a record peak hit in the previous session as recent economic data boosted bets that the US Federal Reserve would start cutting interest rates later this year.

Spot gold was up 0.1% at $2,428.14 pe…

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QSE Index Rises 0.02% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 1.50 points, or 0.02%, at the beginning of trading on Tuesday, reaching 9,678 points, compared to yesterday’s closing.

The general index was supported by a rise in Insurance by 0.96%; Telecom…

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European Stock Indices Close Slightly Lower

Brussels, European stocks on Tuesday closed slightly lower.

The Stoxx 600 index closed 0.2 percent lower. Shares of the banking and luxury products sectors were the biggest losers, as each of them fell about 0.9 percent.

The Stoxx index has retreate…

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