Market

Gold Prices Steady, Set for Weekly Loss on Stronger Dollar

Doha: Gold prices held steady on Friday, but were on track for a weekly loss as pressure from a stronger dollar outweighed support from trade uncertainty caused by new US tariffs. Spot gold was unchanged at $3,289.79 per ounce. Bullion is down 1.4% so…

Oil Prices Steady as Traders Assess New US Tariff Implications

Doha: Oil prices held steady on Friday after falling more than 1% in the previous session as traders weighed the impact of newly announced US tariffs. Brent crude futures inched up 0.06% to $71.74 a barrel, while US West Texas Intermediate (WTI) crude…

IMF Raises Global Growth Forecast for 2025

Washington: The International Monetary Fund (IMF) slightly raised its global growth forecasts for 2025 and 2026, reflecting stronger-than-expected purchases ahead of the US tariff hike on August 1 and a decline in the US effective tariff rate from 24….