Muscat: Gold prices remained stable today, as market participants awaited US economic data due this week that could help shed further light on the Federal Reserve's interest rate trajectory. Gold prices have been closely watched as investors seek clues on the direction of monetary policy which could influence the precious metal's future performance.

According to Oman News Agency, spot gold held its ground at $3,390.91 per ounce after hitting its highest point since 11 August 2025 earlier in the session. The stability in gold prices reflects a cautious approach by investors as they await economic indicators that may provide insights into future interest rate adjustments by the Federal Reserve.

Additionally, US gold futures for December delivery remained flat at $3,446.70. This steadiness in the futures market underscores the anticipation surrounding upcoming data releases and their potential impact on monetary policy decisions.

In the wider precious metals market, spot silver experienced a slight increase of 0.1% to $38.66 per ounce. Meanwhile, platinum saw a minor decline of 0.3% to $1,343.69, and palladium rose by 0.3% to $1,094.42. These movements highlight the varied responses of different metals to the current market conditions as investors assess their options amidst an uncertain economic landscape.