Day: October 8, 2025

Gold Tops $4,000 for First Time in History

Muscat: Gold surged past the $4,000 mark per ounce for the first time in history today, as investors sought safe-haven assets amid intensifying economic and geopolitical uncertainties and growing expectations of further interest rate cuts by the US Fe…

Oil Gains on Easing Supply Fears after OPEC+ Decision

Muscat: Oil prices rose nearly 1% today as investors shrugged off concerns about oversupply after digesting a decision earlier by OPEC+ to limit production increases next month. Brent crude futures gained 63 cents, or 0.96%, to $66.08 per barrel, whil…