Muscat: Oil prices rose slightly today after steep falls in the previous two trading sessions, with markets closely watching efforts to end the US-Iran war and restore shipping through the Strait of Hormuz. Brent crude futures dropped 92 cents, or abo…
Muscat: Gold prices edged higher today, helped by a softer dollar, while investors awaited key US jobs data for clues on the Federal Reserve’s next monetary policy move.
According to Oman News Agency, spot gold was up 0.1% at $4,081.09 per ounce, wh…
Muscat: The US dollar held near six-week lows today as currency markets awaited further developments after pressure on the Japanese yen eased. The US dollar index, which tracks the currency against six major peers, was little changed at 99.85, struggl…