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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
Copper rose 0.8 percent to $9,486.05 per ton as Chile disruptions mitigated tariff concerns
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
Markets are focusing on Friday's PCE report, the Federal Reserve's preferred inflation measure
Bullion gained more than 1 percent so far this week, rising to an all-time high of $2,954.69 on Thursday
Gold was trading near its all-time high of $2,946.85 it hit on Wednesday
Spot gold dropped 0.2 percent to $2,928.52, while U.S. gold futures fell 0.1 percent
