Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.
Spot gold rose by 0.4% to $2,374.1…
Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.
QSE attributed the decline in the general index to the negative per…
Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.
Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.
US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77…
Gold prices fell more than 1% on Thursday as investors booked profits ahead of US economic data that could offer more cues on when the central bank will cut interest rates this year and by how much.
Spot gold fell 0.9 % to $ 2377.29 per ounce. US gol…