Market

Gold Prices Poised for Monthly Gain

Gold prices declined on Friday but are on track for a second consecutive month of gains, on prospects of a US interest rate cut in September, while traders awaited key US inflation data for further insights.

Spot gold was trading at $2,513.99 per oun…

Real Estate Trading Volume Exceeds QR 229 Million in Week

Doha: August 15 – The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from Aug. 18 to 22, was QR 205,551,967, while the total sales contracts for residential u…

Oil Edges Up as Lower-Than-Expected US Stock Draw

Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.

Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…

Gold Prices Firm with US Inflation Data in Focus

Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.

Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.