Category: 4. Business

Spot gold rose 1.2% to $3,120.01 per ounce by 0655 GMT.

The metal recorded its strongest session since October 2023 in the previous day.

US gold futures advanced 1.9% to $3,137.20.

The rally came after US President Donald Trump announced a sharp…

President Donald Trump said he would pause higher reciprocal tariffs for 90 days on dozens of trade partners, while raising duties on China to 125%.

The president’s about-face comes roughly 13 hours after higher reciprocal duties on 56 nations…

“We are saying, suspend your investments, given this very complicated moment in time. We are currently in a situation of high confusion, Reuters news agency reported.

Investments that had been foreseen have now been made uncertain,” Ferracci…

TEHRAN – Iran has exported more than 159,000 tons of eggs to target countries in the past Iranian calendar year 1403 (ended on March 20), Hamidreza Kashani, the chairman of Iran’s Union of Egg-Laying Hen Producers announced.

According to…

TEHRAN – Iran plans to expand its petrochemical production capacity by 9.0 million tons in the current Iranian year (ending March 2026), according to the head of the National Petrochemical Company (NPC).

Hassan Abbaszadeh, head of the…

TEHRAN – Iran handled nearly 22 million tons of foreign transit cargo in the past Iranian calendar year (ended on March 20, 2025), marking a 22.5 percent increase compared to the previous year, according to the head of the Islamic Republic of…

TEHRAN – Iran and Azerbaijan signed Persian and Azeri versions of a memorandum of understanding (MOU) on Tuesday during the 16th Joint Economic Committee meeting, co-chaired by Iran’s Minister of Transport and Urban Development and…

The statistics released by the Islamic Republic of Iran Customs Administration (IRICA) show that 100 tons of gold ingots, worth $8 billion, were imported by Iran in the Persian year 1403, which ended on March 20.

IRICA chief Foroud Asgari reported…