Muscat: Gold prices today eased, as a slightly firmer dollar and optimism over a potential ceasefire between Russia and Ukraine dampened investor demand for safe-haven assets. Spot gold was down 0.5% at $3,213.35 an ounce. US gold futures slipped 0.6%…
Medical
Oil Edges Higher Despite Weak Economic Signals from China, US Credit Downgrade
Muscat: Oil prices today edged higher, even as fresh data pointed to slowing industrial production and retail sales growth in China, the world’s largest oil importer. Brent crude futures rose 12 cents to $65.66 per barrel, while US West Texas Intermed…
Dollar Trades in Narrow Range, Aussie Falls
Muscat: The US dollar today traded sideways after declining for a week, hemmed in by the Federal Reserve’s caution over the economy and as US lawmakers came closer to passing a bill expected to widen the nation’s fiscal deficit. The Australian dollar …