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Crude oil WTI futures for March delivery increased by 0.6 percent to $71.13 per barrel
The exchange maintained its position as the second-largest bourse in the region and reinforced its ranking among the world's top 20 stock exchanges
Brent crude prices gained 0.51 percent to $74.67 but were set to fall 2.8 percent this week
Gold hit an all-time high of $2,882.16 on Wednesday and has gained more than 2 percent this week
Central banks' strong purchases and high gold prices drove demand to a record high of 4,974 tons
Analysts expect markets to remain volatile in the coming weeks as investors adjust to Trump's new policy positions and tariffs
Gold prices hit an all-time high of $2,882.16 in the previous session
Annual gold investment reached a four-year high of 1,180 tons, rising 25 percent year-on-year
Prices rose after China imposed tariffs on U.S. imports in response to new American duties
Crude oil WTI futures for March delivery rose by 0.1 percent, reaching $72.44 a barrel
Crude oil WTI futures expiring in March dropped 1 percent to $71.70 a barrel.
U.S. President Donald Trump suspended tariffs on Mexico and Canada on Monday
Several companies are set to release their fourth quarter of 2024 results this week, including ADNIC, ADNOC Gas and Al Salam Bank
On Saturday, Trump levied 25 percent tariffs on Canadian and Mexican imports and 10 percent on goods from China starting February 4
The focus on oil prices increase highlights concerns over potential supply disruptions from Canada and Mexico
Musk predicted Tesla will be world’s biggest company
Market capitalization surged by 32 percent to $246.9 billion
Attention focused on key U.S. PCE inflation data later today for clues on interest rates
Earlier in the session, gold prices hit an all-time high of $2,799.71
Fed signaled no rush in lowering borrowing costs until inflation and jobs data made it appropriate to begin another easing cycle
West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel
4.52 percent of all launched tokens in 2024 displayed patterns that may be linked to pump-and-dump schemes
The recovery in global markets failed to assist gold prices in rising over their Tuesday levels
Crude prices saw some losses this week amid concerns over weak Chinese economic data
