The World Gold Council’s Q2 2026 Gold Demand Trends report reveals that total gold demand was flat year-on-year at 1,269t, as the gold price eased from the record highs seen at the start of 2026. This pushed demand for H1 2% higher year-on-year to an estimated 2,522t worth US$380bn. Investment in gold ETFs, bars and coins dropped […]
Australia’s new law on supermarket “price gouging” (also known as excessive pricing) starts on July 1 2026. It prohibits any very large supermarket with revenue exceeding A$30 billion – currently only Coles and Woolworths – from charging a price for a grocery product that is significantly excessive compared to the cost of supply, plus a […]
MUSCAT: The official price of Oman crude oil for August delivery rose by $2.49 on Monday to reach $93.38 per barrel, compared with $90.89 recorded at the close of trading last Friday. The increase came amid a broader rally in global oil markets, with crude prices rising more than 4 per cent following renewed geopolitical […]
