Market

Gold Falls Nearly 1% as Precious Metals Decline

Doha: Gold prices fell by nearly 1% on Friday, extending weekly losses amid a broader decline in precious metals markets. Spot gold dropped 0.9% to $4,502.59 per ounce after falling as much as 1% earlier in the session, leaving the metal down around 0…

Kuwait’s Crude Oil Falls $2.95 per Barrel

Kuwait city: The price of Kuwait’s crude oil fell by $2.95 to $120.33 per barrel in trading on Thursday, compared with $123.28 per barrel in the previous session, according to figures released by Kuwait Petroleum Corporation.

According to Qatar News…

Gold Set for Second Weekly Loss as Dollar Firms, Oil Prices Rise

Geneva: Gold prices edged lower on Friday and were headed for a second straight weekly decline, pressured by a firmer US dollar and higher oil prices, which strengthened expectations that the US Federal Reserve will keep interest rates elevated for lo…