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August 7, 2025

Gold Rises as Dollar Weakens

Doha: Gold prices edged higher on Thursday helped by a weaker dollar on growing expectations of a Federal Reserve rate cut next month. Spot gold added 0.1% at $3,372.97 per ounce, and US gold futures gained 0.3% to $3,442.20. The dollar index hovered …

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Oil Prices Rise on US Demand Strength

Doha: Oil prices rose on Thursday, pausing a five-day losing streak, on signs of steady demand in the US, the world’s biggest oil user. Brent crude futures rose 20 cents, or 0.3%, to $67.09 a barrel, while US West Texas Intermediate crude was at $64.5…

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QCB Foreign Reserves Rise 3.28% in July

Doha: International reserves and foreign currency liquidity at the Qatar Central Bank rose by 3.28% year-on-year in July, reaching QR 259.238 billion, compared to QR 250.981 billion during the same period last year.

According to Qatar News Agency, d…

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