Muscat: The metal notched weekly gains of 0.2%, solidifying its appeal during uncertain times.
Spot gold increased by 0.3% to $2,662.50 an ounce, inching close to its all-time high of $2,685.42 reached on September 26. Meanwhile, U.S. gold futures ticked up 0.1% to $2,682.10.
The precious metals market saw a ripple effect, with silver rising 0.4% in spot transactions, reaching $32.17 an ounce and gaining 1.8% since the start of the week. Platinum jumped 1.1% to $1,001.79, while palladium saw a boost of 1.4%, hitting $1,013.46.
Read More
- Global air passenger demand edges up 0.2% YoY in July despite collective declines by carriers in North America and Middle East: IATA
- Muscat Insurance receives FSA warning over delayed 2025 financial disclosure
- Saud Bahwan Automotive LLC honored for the second consecutive year for Excellence in National Workforce Empowerment
- Oil prices jump above $91 as US-Iran conflict reignites
- ESO completes landmark environmental assessment of Wadi Dawkah





