Muscat: Gold traded near record highs today, as US President Donald Trump’s threats to acquire Greenland soured global sentiment and sparked a rush into safe-haven assets. Spot gold hit a new record high of $4,700.28 per ounce, while US gold futures f…
Year: 2026
Dollar at Week Low after Broad Selloff
Muscat: The dollar retreated to its lowest level in a week in early trading today after a broad selloff across stocks and government: The dollar index, which measures the greenback’s strength against a basket of six currencies, slid 0.1% to 99.004 – i…
Oil Prices Gain on Upbeat China Data
Muscat: Oil prices rose during today’s trading, supported by Chinese economic data that boosted expectations of improved demand. Brent crude futures climbed 19 cents, or 0.3 percent, to $64.13 a barrel, while US West Texas Intermediate (WTI) crude fut…