Market

Gold Jumps Over 2%, Tops $5,000 an Ounce Again

Doha: Gold prices surged by more than 2% on Wednesday, extending their strongest performance since 2008, supported by strong investor demand and a weaker US dollar. Spot gold rose 2.2% to $5,044.74 an ounce, after jumping 5.9% in the previous session,…

Dollar Steady, Yen Wobbles Ahead of Japan Election

Tokyo: The US dollar held steady on Wednesday as investors remained cautious despite the swift resolution of a partial government shutdown, while the yen wobbled near a two-week low ahead of an unpredictable national election in Japan this weekend.