August 26, 2024

Gold Extends Gains on Fed Rate Cut Hopes

Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.

Spot gold rose 0.2% to $2,516.09 per ounce.

US gold futures gained 0.2% to

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QSE Index Starts Trading in Green Zone

Qatar Stock Exchange index started Tuesday’s trading in green zone, rising by 60.75 points, or 0.59%, to reach the level of 10,276 points, compared to yesterday’s closing.

QSE general index was supported by a rise in all sectors: Banks and

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