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Gold Extends Losses Amid US Rate-Hike Concerns

Doha: Gold prices extended losses on Monday on rising fears of a US rate hike after a strong jobs report. Spot gold fell 0.4% to $4,313.11 per ounce. Prices had already decreased about 3% on Friday, reaching the lowest point since March 24. US gold fu…

Oil Prices Rise by Over USD 4 Per Barrel

Doha: Oil prices rose by more than USD 4 per barrel on Monday. Brent crude futures jumped USD 4.42, or 4.47 percent, to USD 97.15 per barrel. US West Texas Intermediate crude futures also rose USD 4.07, or 4.50 percent, to USD 94.61 per barrel.

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Oil Prices Rise $1 at Settlement

Doha: Oil prices rose by about $1 at settlement at the close of trading on Monday. Brent crude futures climbed $1.16, or 1.3 percent, to $94.25 a barrel at settlement. West Texas Intermediate (WTI) crude futures rose 76 cents, or 0.8 percent, to $91.3…