Muscat: Gold prices fell today, pressured by a stronger dollar and fading hopes for a Federal Reserve interest rate cut, as well as rising oil prices amid concerns about a prolonged US-Israel-Iran war and stronger-than-expected US jobs data. Spot gold…
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Dollar Steady as Hopes Rise for Ceasefire in West Asia
Muscat: The dollar was largely steady today as cautious optimism grew among investors about the prospects of a ceasefire for the US-Israeli war against Iran, but mixed signals kept markets on edge. The yen recovered from its lowest level this year at …
Gold Prices Climb as Dollar Weakens and Middle East Tensions Show Signs of Easing
Muscat: Gold prices rose slightly today, reaching their highest level in nearly two weeks, supported by a weaker dollar after US President Donald Trump said the war against Iran could end within two to three weeks. Spot gold rose 0.4% to $4,685.79 per…