Muscat: Gold today rose to a two-week high, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since 11 August 2025 earlier in the session.

According to Oman News Agency, US gold futures for December delivery gained 0.4% to $3,432.40. The US dollar index fell 0.3% against its rivals, making gold less attractive to overseas buyers.

Elsewhere, spot silver rose 0.4% to $38.72 per ounce, platinum gained 0.7% to $1,352, and palladium climbed 1% to $1,096.75.