June 3, 2025

Oil Prices Rise in Early Trading on Supply Concerns

Doha: Early Tuesday morning, oil prices in Asia rose on supply concerns. Brent crude futures increased by 55 cents or 0.85% to reach $65.18 per barrel. US West Texas Intermediate Crude also saw an uptick, climbing 59 cents or 0.94% to $63.11 per barre…

Gold Retreats from Nearly 4-Week Peak

Doha: Gold prices fell on Tuesday, retreating from near a four-week high. Spot gold fell 0.3% to $3,369.98 an ounce after hitting its highest level since May 8, 2025, earlier in the session, while US gold futures were steady at $3,390.

According to …

Dollar Falls to 6-Week Low as Economic Tensions Rise

New York: The dollar fell to a six-week low on Tuesday affected by economic tensions and contraction data in some US economic sectors. The dollar index, which measures the US currency against six major peers, was little changed after touching 98.58, t…