Muscat: Gold nudged higher for a fourth session today, supported by a softer dollar and lower Treasury yields as weaker-than-expected US jobs data strengthened expectations of a rate cut in September. Spot gold was up 0.1% at $3,375.89 per ounce. US g…
Business
Oil Prices Hold Steady Amid Oversupply Concerns
Abu dhabi: Crude oil prices held steady today, following three consecutive days of declines, as traders weighed concerns over potential oversupply and geopolitical risks affecting Russian crude exports. Brent crude futures were unchanged at $68.76 per…
European Stocks Rise on Rate Cut Hopes
London: The European stocks rose today as investors awaited a series of earnings reports and data, while investor sentiment improved due to hopes that the Federal Reserve (the US central bank) will cut interest rates at its monetary policy meeting in …