Gold prices rose amid optimism about a cut in US interest rates, while traders are awaiting economic data for clues on the path that the Federal Reserve (the US central bank) will follow. Safe-haven spot gold rose 0.3 percent to $2,389.42 an ounce, while US gold futures fell 0.2 percent to $2,428.40. As for other precious metals, silver rose by about 1 percent to $26.84 an ounce, platinum rose by 0.1 percent to $920.40, while palladium gained 1.2 percent to $892.75. Source: Oman News Agency
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August 10, 2026