Muscat: Gold prices today fell to their lowest in more than a month, as easing trade tensions between US and China dampened safe-haven demand. Spot gold was down 0.3% at US$3,264.64 per ounce, after hitting its lowest level since 29 May 2025. US gold …
Month: June 2025
Oil Prices Decline as Geopolitical Risks in Middle East Recede
Muscat: Oil prices today fell 1% in early Asian trading, as easing geopolitical risks in the Middle East and the possibility of a further increase in OPEC+ production in August bolstered supply expectations. Brent crude futures for August delivery fel…
Dollar Drops as Optimism Over US Trade Deals Grows
New york: The US dollar today wallowed near its lowest level in nearly four years against the euro as market optimism over US trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The dollar index, which measures the US currency a…