Muscat: Gold prices held steady today as investors assessed developments in the Middle East conflict and interest rate expectations ahead of upcoming US inflation data. Spot gold remained unchanged at $4,732.89 per ounce. US gold futures for June delivery edged up 0.3 percent to $4,742.40 per ounce.
According to Oman News Agency, markets are awaiting US President Donald Trump's two-day visit to China this week, where he is scheduled to meet his Chinese counterpart to discuss a wide range of issues, including the ongoing conflict in the Middle East. The discussions are expected to influence investor sentiment and potentially impact gold prices, depending on the outcomes related to geopolitical tensions and economic policies.