New york: Gold prices rose by more than 2% Wednesday following weaker-than-expected jobs data and remarks by Chairman of the US Federal Reserve Kevin Warsh in which he indicated a decline in inflation risks. Gold in spot transactions rose by 2.1%, rea…
European stock markets opened mixed on wednesday as investors await remarks from several central bank officials participating in the european central bank’s annual forum in portugal:uropean stock markets opened mixed on Wednesday as investors await re…
Doha: Oil prices are on track to post their steepest quarterly decline since the early stages of the COVID-19 pandemic in 2020. The August Brent crude futures contract, which expires on Tuesday, settled down 23 cents, or 0.3 percent, at $72.92 a barre…
Washington: Crude oil inventories in the United States recorded their lowest level since 2018 in the week ending June 26, amid increased demand from domestic refineries, while gasoline inventories also tumbled ahead of the Jul. 4 weekend holiday, said…