• Oman

    • Gold Prices Stabilize After Six-Week Low

    By on May 18, 2026
    Gold / Silver
    Gold / Silver

    Gold Prices Steady Amid Inflation Concerns

    Singapore;  Gold prices steadied today after falling to their lowest level in more than six weeks, amid ongoing inflation concerns affecting global bond markets.

    Spot gold remained unchanged at $4,536.45 per ounce after touching its weakest level since 30 March 2026 earlier in the trading session.

    US gold futures for June delivery declined by 0.5 percent to $4,539.90 per ounce.

    Among other precious metals, spot silver fell by 1.3 percent to $74.98 per ounce, while platinum declined by 0.5 percent to $1,963.88 per ounce.

    Palladium also dropped by 1.2 percent to $1,396.14 per ounce.

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