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October 14, 2024

Gold Eases as Dollar Strengthens; Traders Eye Fed Cues

Gold prices drifted lower on Monday as the US dollar strengthened, while market participants awaited fresh cues on the Federal Reserve’s monetary policy path.

Spot gold fell 0.4% to $2,646.75 per ounce after rising 1% in the previous session. US gold…

Oil Prices Fall by More Than $1 on Deflation Concerns in China

Oil prices fell by more than $ 1 a barrel, losing over 1.5% in early trading on Monday, after frustrating Chinese inflation information and a lack of clarity on Beijing’s financial stimulus strategies stoked worries about demand.

Brent crude futures …

Dukhan Bank’s Net Profit Grows by 3 Percent

Doha: Dukhan Bank’s net profit increased by 3 percent in the first nine months of this year to reach QR 1.141 billion, compared to QR 1.107 billion for the same period last year.

Data issued by the bank and published on the Qatar Stock Exchange websi…