Gold prices soared to another fresh record above $5,500 Thursday, after US President Donald Trump ramped up geopolitical tensions with his threatened military strike on Iran. In Oman, 24-karat gold was trading at RO 70.050, 22-karat at RO 65.650, and 18-karat at RO 52.050. Strong demand continues to support gold prices, driven by steady central bank buying and an increasing number of investors opting for non-dollar assets. Jewellery ‌buyers prefer stable prices of Gold, but the volatile rising prices of recent months have far outstripped consumer budgets, Jain said. 2026 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (Syndigate.info).