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July 3, 2024

Producer Price Index of Industrial Sector Increase 2.39% in May

Doha: The Producer Price Index (PPI) of the State’s Industrial sector for May 2024 is estimated at 115.03 points showing an increase of 2.39%, when compared to the previous month April 2024. On Y-o-Y basis, PPI of May 2024 showed an increase of 2.24%,…

European stocks close higher

European stock indices closed higher on Wednesday, influenced by the rise of most sectors, led by mining stocks, which rose by 2.3 percent.

The European Stoxx 600 index rose by 0.8 percent at the close, after negative performance throughout last week…

Gold Flat as Investors Focus on Fed Minutes

Gold prices were flat on Wednesday as investors awaited minutes of the Federal Reserve’s last policy meeting for fresh cues on when the US central bank will start cutting interest rates.

Spot gold was nearly unchanged at $2,329.66 per ounce. US gold …