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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