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Dollar Drifts as Ebbing US Inflation Sets Stage for Rate Cuts

The dollar was soft on Thursday, with the euro perched near an eight-month high after data showed US inflation was slowing, underpinning wagers that the Federal Reserve could lower borrowing costs next month.

The dollar index, which measures the US u…

Gold Prices in Qatar’s Market rise by 0.88% During Current Week

Doha: Gold prices in the Qatari market rose by 0.88 percent during the current week, reaching USD 2,452.93000 per ounce, according to the data issued by Qatar National Bank (QNB).

The data showed that the price of an ounce of gold rose from USD 2,431…