Day: October 2, 2025

Slight Rise in Oil Prices

Doha: Oil prices steadied in early trade on Wednesday after two consecutive days of losses. Brent crude futures for December delivery rose 12 cents to $66.15 a barrel. US West Texas Intermediate (WTI) crude rose by 12 cents to $62.49

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Gold Hits Record High as US Government Shutdown

Doha: Gold prices surged to a record high on Wednesday, driven by investor demand for safe-haven assets after the official start of the US government shutdown and as soft labor data bolstered expectations of Federal Reserve rate cuts. Spot gold

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