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Gold Advances on Easing US Rate Hike Expectations

Doha: Gold prices rose in Asian trading on Friday and were on track for their first weekly gain in five weeks, as expectations of a US interest rate hike eased. Spot gold gained 1.4 percent to USD 4,179.94 an ounce, its highest level since June 23, wh…

Oil Prices Retreat at Settlement

Doha: Oil prices fell today, by more than one percent at settlement, influenced by optimism regarding talks between the United States and Iran, and the resulting reduction in supply concerns. Brent crude futures fell $1.38, or 1.89 percent, to settle …