Gold prices stabilized Thursday after hitting a record high in the previous session after the Federal Reserve decided to cut interest rates significantly.
Spot gold was little changed at $2,562.85 per ounce, after scaling a record high of $2,599.92 o…
The Jordan Central Bank (JCB) decided Thursday to reduce interest rates on all monetary policy instruments by 50 basis points, effective from September 22.
This decision comes after the end of the monetary tightening cycle that the JCB implemented si…
The Bank of England (the central bank) on Thursday kept interest rates unchanged at 5 percent , despite the significant 50 basis point cut by the Federal Reserve (the US central bank).
The Bank of England’s Monetary Policy Committee said in a stateme…
Oil prices rose on Thursday after a large interest rate cut from the US Federal Reserve, but concerns over global demand lingered and capped gains.
Brent crude futures for November were up 36 cents, or 0.5 percent, to USD 74.01 a barrel, while WTI cr…
The Saudi Central Bank, in line with its objective of preserving monetary stability, decided Wednesday to reduce the rate of Repurchase Agreement (Repo) by 50 basis points to 5.5 percent.
The rate of Reverse Repurchase Agreement (Reverse Repo) was a…
Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.
Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.
Sou…