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Day: August 5, 2026

Gold Rises 0.1% on Softer Dollar, Focus on US Jobs Data

Muscat: Gold prices edged higher today, helped by a softer dollar, while investors awaited key US jobs data for clues on the Federal Reserve’s next monetary policy move.

According to Oman News Agency, spot gold was up 0.1% at $4,081.09 per ounce, wh…

Dollar Near 6-Week Low, Yen Steadies

Muscat: The US dollar held near six-week lows today as currency markets awaited further developments after pressure on the Japanese yen eased. The US dollar index, which tracks the currency against six major peers, was little changed at 99.85, struggl…

Oman Oil Price Drops by USD 4.35

Muscat: The official price of Oman crude oil for October delivery settled today at USD 79.16 per barrel. The price of Oman oil recorded a rise of USD 4.35 today compared to the price of yesterday Tuesday which stood at USD 83.52 per barrel.

Accordin…