Muscat: Gold prices rose today, as bargain hunters stepped in after bullion dropped to a near one-week low in the previous session, while focus was also on the US private payroll data for cues on future interest rate cuts.

According to Oman News Agency, spot gold rose 0.8% to $3,961.85 per ounce. Bullion fell more than 1.5% on Tuesday, hitting its lowest since 30 October 2025. US gold futures for December delivery increased by 0.2% to $3,970.10 per ounce.

Bullion hit a record high of US$4,381.21 on 20 October 2025, but has fallen close to 10 percent since then. Elsewhere, spot silver rose 1.2 percent to US$47.68 per ounce, platinum gained 0.1 percent to US$1,537.10, and palladium climbed 0.2 percent to US$1,394.75.