Business

Gold Heads for Biggest Weekly Gain Since January

Manama: Gold prices were little changed on Friday but remained on track for their biggest weekly gain since January, supported by lower oil prices as investors awaited US nonfarm payrolls data for signals on the outlook for interest rates. Spot gold w…

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Dollar Rises on Higher US Treasury Yields

Manama: The US dollar rose on Friday, supported by higher US Treasury yields following reports indicating the possibility of an interest rate increase in September. The dollar gained against the Japanese yen and remained on track for weekly gains, whi…

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Gold Extends Gains as Oil Prices Decline

Manama: Gold rose for a third straight session on Wednesday. Spot gold was up 1.4% at $4,133.83 per ounce by 0455 GMT, reaching a two-week high. U.S. gold futures increased by 1% to $4,191.90.

According to Bahrain News Agency, spot silver gained 2% t…

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Bahrain Stock Indices Experience Slight Decline

Manama: Bahrain All Share Index has closed at 1,956.24 points, marking a decrease of 0.46 points below the previous closing. This decrease was attributed to the drop in the financial sector.

According to Bahrain News Agency, the Bahrain Islamic Inde…

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