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Slight Increase in Gold Prices Ahead of U.S. Inflation Data
SadaNews Economy - Oil prices rose during trading on Thursday, February 19, continuing gains of 4% from the previous session, coinciding with investors evaluating U.S.-Iranian efforts to resolve their dispute.
In terms of trading, Brent crude futures increased by 0.2% to $70.52 per barrel, while U....
Oil Stabilizes Near $67 as Talks Progress Between Washington and Tehran
SadaNews - Oil maintained its decline following positive talks between the United States and Iran regarding the nuclear program of the OPEC member state, which reduced the risk premium in crude prices.
Brent crude, the global benchmark, stabilized above $67 per barrel with little change after endin...
Calcalist: Israel's Economy Appears Strong But Hides a Persistent Deficit
SadaNews - The 2025 data published by the Central Bureau of Statistics in "Israel" shows a dual picture, where a quarter of a century of remarkable economic boom is met with a clear warning of signs of erosion in financial and demographic foundations.
The Israeli newspaper "Calcalist" focuses in it...
"FT": Lagarde is expected to leave the presidency of the European Central Bank before the...
SadaNews - It is expected that the President of the European Central Bank, Christine Lagarde, will resign from her position before the end of her eight-year term in October 2027, according to the "Financial Times".
According to the report, Lagarde prefers to leave the position before th...
Gold Prices Exceed $4900 Amid Anticipation of Federal Reserve Minutes
SadaNews - The price of gold rose again above $4900 per ounce as buyers rushed to seize the dip after a two-day decline, while traders await the release of the minutes from the Federal Reserve's latest meeting.
The precious metal increased by up to 0.9% in weak trading on Wednesday, as a significan...
Lebanon Approves Increase in Public Sector Salaries and Raises Taxes
SadaNews Economy - The government in Lebanon has raised the value-added tax and the price of gasoline, aiming to contribute to boosting revenues to fund the salary increases approved for public sector employees and retirees.
Information Minister Paul Marqas noted while reading the cabinet decisions...
Gold Drops Below $5000 Amid Weak Trading.. Silver Recorded Close to $74 an Ounce
SadaNews - Gold fell further to below the $5000 per ounce level in weak trading, with most Asian markets closed due to the Lunar New Year holiday, following a holiday in the United States on Monday.
The precious metal declined by as much as 1.4% on Tuesday, after losing 1% in the previous session....
Slight Growth of Japan's Economy in Q4 Strengthens Justifications for Government Spending
SadaNews - The Japanese economy recorded limited growth in the fourth quarter of 2025, recovering from a sharp contraction in the previous period, which enhances the justifications for the proactive spending policies adopted by Prime Minister Sanae Taketachi following her historic electoral victory....
Saudi Oil Sales Surge to China After Price Cuts to Lowest Level Since 2020
SadaNews - Saudi crude oil sales to China, the largest importer, for March have risen after the kingdom reduced the price of its main oil grade for buyers in Asia to the lowest level in over five years.
The state-owned oil company "Saudi Aramco" will provide about 56 million to 57 million barrels f...
Oil Prices Stabilize Amid Anticipation of Indicators on Tehran-Washington Talks
SadaNews - Oil prices stabilized at the beginning of the week with little change, as traders monitored geopolitical risks ahead of the resumption of talks between the United States and Iran on Tuesday.
Brent crude was trading close to $68 a barrel, following its first consecutive weekly decline thi...
Gold Prices Fall Under Pressure from Profit-Taking... Silver Nears $76 an Ounce
SadaNews - Gold has fallen below $5,000 an ounce as traders take profits from the previous session's gains, spurred by moderate U.S. inflation data.
The price of the precious metal fell by up to 1.1% on Monday, after rising by 2.4% in the previous session. The U.S. consumer price index rose by 0.2%...
