Muscat: Gold prices rose more than 2% today, rebounding from a sharp sell-off triggered by market reaction to the nomination of Kevin Warsh to head the Federal Reserve. Spot gold climbed 2.2% to $4,767.33 per ounce, after falling to its lowest level i…
Day: February 3, 2026
Oil Falls for Second Day on Firm Dollar
Muscat: Oil prices fell today, easing for a second day, influenced by market factors and the firmer dollar. Brent crude futures fell 39 cents, or 0.5%, at $65.91 per barrel, and US West Texas Intermediate (WTI) crude was at $61.83 per barrel, down 31 …
SpaceX Completes Acquisition of xAI in Strategic Move to Enhance Space Technologies
Spacex: SpaceX has announced the completion of its acquisition of artificial intelligence firm xAI, marking a strategic move aimed at strengthening the integration of advanced space technologies with artificial intelligence and high-performance comput…