Muscat: Gold prices held steady in today's trading as investors awaited remarks from Federal Reserve Chairman Jerome Powell to assess the impact of the Middle East war on the economy amid stalled peace talks. Spot gold edged up 0.1 percent to $4,597.07 per ounce, recovering after falling in the previous session to its lowest level since 2 April 2026. US gold futures for June delivery held steady at $4,610.20 per ounce. Investors expect the US central bank to leave interest rates unchanged at the conclusion of its two-day meeting later today.

According to Oman News Agency, spot silver rose 0.8 percent to $73.64 per ounce, while platinum fell 0.4 percent to $1,930.00 per ounce, and palladium declined 0.4 percent to $1,453.91 per ounce.