Market

Gold Hits Fresh Record High Above $5,000 an Ounce

Doha: Gold surged to a new record high on Monday, climbing above $5,000 an ounce, as investors increased their holdings of safe-haven assets amid escalating geopolitical tensions.

According to Qatar News Agency, the precious metal has gained around…

Carney Asserts Canada Won’t Seek Free Trade Agreement with China

Ottawa: Canadian Prime Minister Mark Carney has made it clear that Canada has “no intention” of pursuing a free trade deal with China. “We have no intention of doing that with China or any other non-market economy,” Carney stated to reporters on Sunda…

Oil Prices Surge as Brent and WTI Reach New Highs

Doha: Oil prices rose on Monday after climbing more than 2% in the previous session. Brent crude futures rose 42 cents, or 0.7%, to $66.30 a barrel, while US West Texas Intermediate (WTI) crude was at $61.49 a barrel. Both benchmarks notched weekly ga…