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August 15, 2024

Gold Regains Ground on Softer US Dollar

Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.

Spot gold was up…

China’s Power Generation Sees Rapid Surge in July

China’s power generation surged at a rapid pace in July, the Chinese National Bureau of Statistics said Thursday.

Power generation by China’s major electricity production enterprises rose 2.5 percent year on year to 883.1 billion kilowatt-hours last …

QSE Index Rises 0.18% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 17.96 points, or 0.18% to reach the level of 10,126 points at the beginning of trading on Thursday, compared to yesterday’s closing, with backed by all sectors.

Qatar Stock Exchange figures s…