Gold prices rose on Wednesday as market participants awaited more US economic data to determine the number of rate cuts the Federal Reserve is likely to deliver in the near term.

Spot gold rose 0.3% to $2,667.97 per ounce, and

Doha: The general index of Qatar Stock Exchange (QSE) rose 41.85 points, or 0.39%, at the start of trading on Wednesday, to reach the level of 10,684 points, compared to yesterday’s closing.

QSE index was supported by a rise in

The US dollar index, which measures the currency against six major rivals, was steady at 103.25, sticking close to Mondays high of 103.61, a level previously not seen since Aug. 8.

Globally, the Australian and New Zealand dollars slumped on

Oil prices inched higher in early trade on Wednesday on uncertainty over what may happen next in the Middle East conflict, after demand concerns knocked the market to its lowest since early October in the previous session.

Brent crude oil