Category: Production

Gold Falls Nearly 1% from Record High

Doha: Gold prices fell nearly 1% on Wednesday, retreating from a record high touched earlier in the session. Spot gold declined 0.9% to $3,658.25 per ounce, after hitting an all-time high of $3,707.40. Despite the pullback, prices remain up almost

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Oil Prices Retreat at Settlement on Low US Demand

Doha: Oil prices settled lower today after data showed a rise in US diesel inventories, raising concerns about demand, and the Federal Reserve’s decision to cut interest rates as expected. Brent crude futures lost 52 cents, or 0.76 percent, to

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