August 28, 2026

Gold Rises as Dollar Weakens Amid Economic Concerns

Manama: Gold prices rose 0.4% to $4,607.90 per ounce in spot trading, supported by a weaker dollar ahead of US Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole symposium. US gold futures for December delivery gained 0.2% to $4,664.

Acco…

Oil Prices Dip in Early Asian Trading as Weekly Losses Loom

Manama: Oil prices edged lower in early Asian trading: Brent crude futures fell 25 cents, or 0.3%, to $89.45 a barrel, while US West Texas Intermediate crude futures dropped 22 cents, or 0.3%, to $83.31.

According to Bahrain News Agency, this decrea…

EU Sugar Production Forecast to Drop 19%

Manama: European Union sugar production is forecast to drop 19% to 13.4 million tonnes in the new season, down from 16.6 million tonnes in the current season, according to the EU Sugar Market Observatory.

According to Bahrain News Agency, EU sugar i…