Business

Gold Nears Two-Month High

Muscat: Gold prices today rose to a near two-month high Spot gold was little changed at $3,428.89 an ounce, after hitting its highest level since 22 April 2025 earlier in the session. US gold futures were down 0.1% to $3,448.10.

According to Oman Ne…

Business

Oil Surges Amid Escalating Middle East Tensions

Muscat: Oil prices today jumped in early Asian trade amid escalating tensions in the Middle East. Brent crude futures rose $1.70, or 2.3%, to $75.93 a barrel. US West Texas Intermediate crude climbed $1.62, or 2.2%, to $74.60. They surged more than $4…