Business

Gold Extends Gains to $4,431.09 per Ounce

Gold: Gold rose for a third straight session on Tuesday as fears of a US interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve’s latest meeting for fresh clues on the monetary policy path. Spot gold was up 0.4% …

QNB Highlights Resilient US Economy Amid Labor Market Moderation

Doha: Qatar National Bank (QNB) stated that the US economy continues to show resilience amid domestic and external pressures, despite a moderation in the labor market and increased economic uncertainty.

According to Qatar News Agency, QNB emphasized…

US Stock Indexes Close Higher, S&P 500 Hits Record High

New york: Major US stock indexes closed higher on Friday, with the S and P 500 reaching a record high as investors responded to weaker-than-expected US jobs data that reduced expectations of a Federal Reserve interest rate hike in September.

Accordin…