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May 27, 2025

Gold Prices Steady as Dollar Weakens

Doha: Gold hovered close to a two-week high on Tuesday, supported by a weaker dollar. Spot gold was little changed at $3,339.99 an ounce, while US gold futures fell by 0.8% to $3,339.80.

According to Qatar News Agency, the dollar index eased by 0.3%…

China’s Industrial Profits Rise 1.4% in Jan-April

Beijing: Profits of China’s major industrial firms increased 1.4% year-on-year in the first four months of 2025, accelerating from a rise of 0.8% in the first quarter, official data showed Tuesday.

According to Qatar News Agency, industrial firms wi…