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June 5, 2026

Gold Prices Decline Amid Interest Rate Concerns

Doha: Gold prices edged lower in Asian trading on Friday, heading for a weekly loss amidst persistent Middle East tensions, rising inflation, and growing concerns over higher interest rates. Spot gold fell 0.3 percent to USD 4,462.22 per ounce, bringi…

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Kuwaiti Crude Oil Falls Nearly $2 per Barrel

Kuwait city: The Kuwait Petroleum Corporation (KPC) announced that the price of Kuwait’s crude oil fell by USD 1.97 per barrel. KPC noted that Kuwaiti crude traded at USD 107.95 per barrel on Thursday, a decrease from USD 109.92 per barrel during the …

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