May 1, 2026

Gold Heads for Weekly Loss Amid Inflation Concerns

Manama: Gold prices were largely steady on Friday but remained on track for a weekly loss amid mounting inflation concerns and expectations that interest rates will stay higher for longer. In spot trading, gold fell 0.1% to $4,614.98 per ounce,

US Stocks Close at New All-Time High

Manama: US stocks ended Thursday trading at a new all-time high. The S and P 500 closed at a new record, ending trading 1.02 percent higher at 7,209.01. The Nasdaq followed suit, closing at a record high. And while the

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