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Day: September 2, 2025

Gold Hits Record High on Rate-Cut Bets, Weaker Dollar

Muscat: Gold prices climbed to an all-time high today, extending gains to a sixth session on the back of a weaker dollar and rising bets of a US interest rate cut this month. Spot gold was up 0.5% at $3,492.26 per ounce, after hitting a record high of…

Dollar Rebounds in Asian Markets as Gold Reaches Historic Heights

Tokyo: The US dollar clawed back some ground in Asian trading today. The dollar index was last up 0.2% at 97.873, having touched its lowest since July 28 on Monday. Gold hit an all-time high.

According to Oman News Agency, against the yen, the dolla…

Oil Rises on Supply Disruptions Concerns

Muscat: Oil prices rose today as escalating tensions between Russia and Ukraine heightened concerns over supply disruptions. Brent crude added 40 cents, or 0.59%, to $68.55 a barrel, while US West Texas Intermediate was at $65.06 a barrel, up $1.05, o…