Gold prices are heading for their worst weekly performance in more than three years, pressured by a stronger dollar amid expectations of fewer interest rate cuts by the Federal Reserve.

The Muscat Stock Exchange "30" index of Oman decreased by 11.2 points, or 0.24 percent, Thursday, to close at 4643.51 points, compared to the last trading session, which amounted to 4654.76 points.

Gold fell to its lowest level in eight weeks on Thursday after falling for the fifth consecutive session, weighed down by the strong dollar and rising Treasury yields, amid uncertainty about the pace of interest rate cuts by the Federal Reserve (US central bank).

Gold prices rose today as investors looked for bargains after sharp declines in the previous session, while the focus shifted to US inflation data that may shed more light on the path of monetary policy.

Russian company Gazprom announced that Russian gas supplies to China in 2024 will exceed the agreed volume under contracts between the two sides.

The Muscat Stock Exchange "30" index in Oman dropped by 11.01 points, or 0.23 percent, to close at 4672.02 points on Tuesday, compared to the previous session's close of 4683.02 points.

Boursa Kuwait closed Tuesday's trading session with its general index up 15.61 points, or 0.21 percent, to reach 7283.05 points.

Gold prices fell on Monday, for the second consecutive session, as investors awaited economic data and comments from Federal Reserve officials this week for more clarity on the future direction of interest rates.

Japanese stock indices fell at the end of the morning trading session on the Tokyo Stock Exchange on Monday.

Kuwait Stock Exchange ended trading Monday with its general index rising by 38.34 points, or 0.53 percent, to reach 7267.44 points.

The Muscat Securities Market (MSM) 30 Index closed higher on Sunday, reaching 4714.33 points, up by 8.5 points or 0.18% compared to the previous trading session, which stood at 4705.83 points.

The US Bureau of Safety and Environmental Enforcement (BSEE) announced that more than a quarter of crude oil production and about 17 per cent of natural gas production in the US Gulf of Mexico has been halted in the wake of Hurricane Rafael.

The US Energy Information Administration (EIA) announced on Sunday that Iraq's oil exports to the US decreased last week.

Muscat-Saba: The market capitalization of the Muscat Stock Exchange rose by the end of last week to RO 27 billion and RO 551 million, recording weekly gains of about RO 130 million, benefiting from the listing of a new issue of government development bonds and the rise in shares of a number of leading companies listed on the regular market.

Gold prices rose today, extending gains after the Federal Reserve cut interest rates by a quarter of percentage point yesterday.

Gold prices touched their lowest level in more than three weeks on Thursday as the dollar rallied after Donald Trump won the US presidential election, with the Federal Reserve's interest rate decision later in the day also in focus.

The US dollar on Thursday stabilized near its highest level in 4 months against a set of currencies, after the Republican Donald Trump won the presidential elections.

The Muscat Stock Exchange "30" index of Oman decreased by 8.1 points, or 0.17 percent Thursday to close at 4705.83 points, compared to the last trading session, which amounted to 4713.96 points.

Gold prices fell today as investors await the outcome of the US election, and the focus is on the next meeting of the Federal Reserve, the US central bank.

Gold prices stabilised on Tuesday, as investors refrained from taking risks ahead of the US presidential election and the US Federal Reserve's monetary policy meeting scheduled for later this week.