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August 6, 2025

Oil Prices Rise from 5-Week Low

New york: Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after US President Donald Trump’s threats of tariffs on India over its Russian crude purchases.

According to Qatar News…

Gold Declines as Dollar Gains, Markets Await Fed Appointments

Doha: Gold prices edged lower on Wednesday due to a slightly firmer dollar, amid anticipation of decisions by the Federal Reserve (central bank). Spot gold was down 0.1% at $3,374.01 per ounce, after hitting a near two-week high on Tuesday. US gold fu…