Market

Gold Declines Amid Growing Expectations of US Interest Rate Hike

Doha: Gold was on track for another weekly loss on Friday, pressured by a stronger US dollar and growing expectations that the US Federal Reserve will raise interest rates to curb inflation. Spot gold fell 0.9 percent to USD 3,991.49 per ounce during …

Oil Prices Decline to Levels Last Seen Four Months Ago

Doha: Oil prices extended their decline on Thursday to near levels last seen about four months ago. Brent crude futures for August delivery fell $1.22, or 1.65%, to $72.52 a barrel, while US West Texas Intermediate lost $1.02, or 1.45%, to $69.32 a ba…

Gold Prices Extend Losses as Market Nears 7-Month Low

Doha: Gold extended losses, nearing a 7-month low. Spot gold was down 0.4% at $3,985.89 per ounce, after hitting its lowest point for the first time since November 2025 on Wednesday.

According to Qatar News Agency, US gold futures for August delive…