Muscat: Gold prices steadied near an all-time high today, supported by concerns over US President Donald Trump’s tariff plans, while the focus shifted to a key US inflation report. Spot gold was stable at $2,934.82 an ounce, while US gold futures saw a slight dip of 0.1% to $2,950.10. This follows the metal reaching a record high of $2,954.69 last Thursday.

According to Oman News Agency, other precious metals showed mixed results. Spot silver experienced a minor decline, dropping 0.1% to $32.58 an ounce. In contrast, platinum witnessed a rise of 0.7%, reaching $976.25, and palladium increased by 0.4% to $972.93 an ounce. These trends reflect ongoing market reactions to geopolitical developments and economic indicators.