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Gold Soars to Record Level Amid U.S. Government Shutdown and Rising Economic Fears
SadaNews Economy - The price of gold continued its gains to record a new all-time high, extending a rally for the fourth consecutive day, in light of a government shutdown in the United States that could boost demand for safe-haven assets.
Gold in the spot market rose to touch $3,875.53 per ounce...
Currency Exchange Rates Against the Shekel on Wednesday (October 1)
SadaNews - The currency exchange rates against the shekel today, Wednesday (October 1), are as follows:
Government Shutdown in the United States Takes Effect After Funding Bill Fails
SadaNews - The United States entered a government shutdown at midnight Washington time after the Senate failed to pass a temporary funding bill, halting federal agencies' operations and leaving hundreds of thousands of employees facing suspended salaries and services.
The American Senate rejected l...
Announcement of Fuel Prices for October
SadaNews Economy - The Public Petroleum Authority announced this evening, Tuesday, the fuel prices for the month of October 2025.
The price list shows an increase in gasoline prices by about 7 agoras, diesel by about 12 agoras, and kerosene by about 12 agoras.
Minister of Communications Discusses Current Challenges in the Telecommunications Sector w...
SadaNews - Minister of Communications and Digital Economy Dr. Abdul Razaq Natsheh met with the Vice Chairman of the Board of the Palestinian Communications Company "Jawwal" Mr. Bashar Masri, and the company's CEO Mr. Abdul Majid Malhem, at Masri's office in Rawabi. During the meeting, attendees disc...
$665 Million Current Account Deficit in the Palestinian Balance of Payments for Q2 2025
SadaNews – The latest surveys by the Central Bureau of Statistics and the Monetary Authority, whose results were published today, Tuesday, show a continued deficit in the current account of the Palestinian balance of payments amounting to 665 million US dollars in the second quarter of 2025, reflect...
Oil Prices Decline Amid Expectations of New OPEC+ Production Increase
SadaNews - Oil prices fell today, Tuesday, after expectations for a new increase in production by the "OPEC+" coalition and the resumption of crude exports from the Kurdistan region of Iraq through Turkey raised concerns about a surplus in supply in the coming period.
Brent crude futures for Novemb...
Gold Shines Amid Crises.. Best Monthly Performance Since 2011
SadaNews Economy - Gold recorded a new record level today, Tuesday, heading towards achieving its best monthly performance since August 2011, supported by fears of a potential U.S. government shutdown and increasing bets on interest rate cuts.
The precious metal rose in spot transactions to reach $...
Exchange Rates of Currencies Against the Shekel on Tuesday (September 30)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (September 30), are as follows:
Governor of the Bank of Israel Defends Interest Rate Decision Amid Bleak Outlook for the F...
SadaNews Economy Translation - As the Bank of Israel announced it would keep the interest rate unchanged at 4.5% for the fourteenth consecutive time, the bank's governor, Professor Amir Yaron, held a press conference criticizing the policies of Finance Minister Bezalel Smotrich.
Smotrich stated ear...
Predictions of a Crushing Blow to the Israeli Arms Industry in 2027 Due to the Gaza War
SadaNews - An executive in the Israeli arms industry has predicted that the sector will face a severe blow in 2027 after a decline in 2026 if Israel's war on the Gaza Strip continues, as reported by Yedioth Ahronoth, without revealing his identity.
The official stated, "Many countries want to obtai...
Israel's Bank Keeps Interest Rate at 4.5% for the 14th Consecutive Time
SadaNews - Today, Monday, the monetary committee at the Bank of Israel kept the interest rate unchanged at 4.5%, marking the 14th consecutive time it has done so.
This decision aligns with the expectations of the majority of economic experts who anticipated that the central bank would maintain its...