Market

Gold Hits Record High of $3,842.76 Per Ounce

New york: Gold prices rose further to hit a fresh high on Tuesday and were poised for their best month in 14 years, as fears of a potential US government shutdown and growing expectations of further US interest rate cuts boosted demand for the safe-ha…

Gold Hovers near Record High on Rate-Cut Bets

Doha: Gold prices rose on Monday to hover near an all-time high, supported by a weaker dollar and growing expectations that the Federal Reserve is likely to continue with interest rate cuts later this year. Spot gold was up 0.5% at $3,776.72 per ounce…

Dollar Weakens Ahead of Key US Economic Data

Doha: The dollar came under pressure on Monday ahead of a series of US economic releases that could provide further clarity on the Federal Reserve’s rate path. Sentiment was further weighed by mounting concerns over a potential government shutdown.

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