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Gold Prices Inch Higher with US Inflation Data in Focus

Gold prices nudged higher on Thursday, while traders await key US inflation data to gauge the Federal Reserve’s future monetary policy stance.

Spot gold was up 0.2% at $2,613.70 per ounce, after easing for the previous six sessions.

US gold futures …

Kuwait Oil Price Down USD 1.50

Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.

Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…

Dollar Holds Near Two-Month High

The dollar index, which measures the currency against six key rivals, stuck close to an almost two-month top touched overnight, as traders further pared bets for US rate cuts this year after last week’s unexpectedly strong payrolls data.

The US dolla…

QSE Index Closes Stable

Doha: The Qatar Stock Exchange (QSE) index closed Thursday’s trading stable at the level of 10,509.27 points, declining by 0.52 points.

During the session, 101,016,169 shares were traded, with a total value of QR 251,492, 203.034 , as a result of exe…

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