General

Gold Rises, Heads for Weekly Gains

Manama: Gold prices edged higher on Friday and were on track for weekly gains as easing inflation concerns supported investor sentiment. Spot gold rose 0.3% to $4,700.80 per ounce, while US gold futures for June delivery stood at $4,709.90.

Accordin…

Oil Prices Surge Over 1% Amid Supply Disruption Concerns

New york: Oil prices rose more than 1% on Friday amid renewed concerns over supply disruptions. Brent crude futures increased by $1.41, or 1.41%, to $101.47 per barrel, while US West Texas Intermediate crude futures rose by $1.12, or 1.18%, to $95.93 …