Oman Online News

Gold Prices Edge Higher Amid Tariff Concerns

Muscat: Gold prices edged higher today, hovering near their all-time highs as concerns persisted over US President Donald Trump’s tariff strategies, which could fuel inflation and escalate a global trade war. Spot gold rose 0.2% to $2,938.57 an ounce. Bullion scaled an all-time high of $2,946.85 on Wednesday. US gold futures gained 0.7% to $2,955.20.

According to Oman News Agency, spot silver was steady at $32.71 an ounce. Platinum fell 0.2% to $969.70, and palladium was steady at $968.38.