Skip to main content Skip to footer 
The dollar index neared a four-month low, making bullion cheaper for global buyers

West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent

The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

In GCC markets, investor sentiment could be impacted by concerns over the economic fallout from new U.S. tariffs on China, Canada and Mexico

The U.S. dollar index fell 0.33 percent from more than a two-week high it hit in the previous session

Spot gold fell 0.4 percent to $2,864.94 an ounce, while April futures decreased 0.6 percent to $2,877.80 an ounce

Trump revoked Chevron's Venezuela license, halting imports and reinstated pressure on Iran's oil exports

Prices were expected to slip 1.4 to 2 percent this week due to profit-taking

West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel

Spot gold experienced a slight increase of 0.1 percent, reaching $2,939.15 an ounce