{"id":8422,"date":"2026-01-27T06:03:00","date_gmt":"2026-01-27T02:03:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/business\/gold-crosses-ro60-new-highs-ahead\/"},"modified":"2026-01-27T11:34:33","modified_gmt":"2026-01-27T07:34:33","slug":"gold-crosses-ro60-new-highs-ahead","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/business\/gold-crosses-ro60-new-highs-ahead\/","title":{"rendered":"Rising Gold Prices in Oman: Implications for Investors and Business Owners as 22-Karat Gold Surpasses RO60"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p><\/p>\n<p><strong>Muscat<\/strong>: Gold prices continue to surge globally, including in the Sultanate of Oman. A prominent jewelry retailer in Oman reported that the price of 22-karat gold exceeded the RO60 mark on Monday, closing at RO60.200. On Tuesday morning, it was trading at RO60, while 24-karat gold was priced at RO64.250 and 18-karat gold at RO47.400.<\/p>\n<p>For the first time, gold has surpassed $5,000 and may reach $6,000 by year-end, according to an independent financial advisory firm. Nigel Green, CEO of deVere Group, stated that this significant increase indicates a major shift in how global investors assess political risk, debt, and currency stability. &#8220;Gold&#8217;s rise above $5,000 reflects a deep reassessment of global power, policy, and capital,&#8221; he remarked, noting that investors are seeking certainty as traditional investments appear increasingly fragile.<\/p>\n<p>The surge in gold prices occurs amid rising geopolitical tensions and changes in policy since Donald Trump&#8217;s return to the U.S. presidency. His administration\u2019s stringent approach to trade, defense, and alliances has altered global expectations, leading to volatility in currency and government bond markets. Green emphasized that &#8220;markets price stability,&#8221; and the current policy climate introduces unpredictability that drives investment toward hard assets like gold. He noted that &#8220;gold thrives when political signals create uncertainty about growth, inflation, and international cooperation.&#8221;<\/p>\n<p>Additionally, rising concerns about government borrowing contribute to this trend. Debt levels are escalating in major economies, with fiscal expansion becoming a dominant political strategy. Investors are increasingly doubtful about bonds&#8217; ability to preserve purchasing power in such conditions. Green pointed out that gold is responding to an ongoing debt supercycle. \u201cWhen governments rely heavily on borrowing, investors seek to hedge against currency devaluation and long-term inflation,&#8221; he stated, highlighting gold&#8217;s historical role as a store of value during times of uncertainty in debt markets.<\/p>\n<p>Central banks have also fueled this rally by consistently accumulating gold, with official sector purchases exceeding a thousand tonnes annually. This trend reflects a strategic pivot by countries diversifying reserves away from the dollar and euro. \u201cCentral banks are voting with their balance sheets, signaling a shift toward assets outside the Western currency system,\u201d explained Green.<\/p>\n<p>Private investors have followed suit, with increased allocations in exchange-traded funds, institutional portfolios, and retail purchases amid rising macroeconomic uncertainty. \u201cThis alignment between central banks and private capital creates powerful momentum,\u201d Green noted. \u201cWhen both market sectors invest for structural reasons, price movements become self-reinforcing.\u201d<\/p>\n<p>He concluded that &#8220;gold serves as the market&#8217;s trust barometer.&#8221; The magnitude of this price shift indicates that investors are questioning the sustainability of current monetary and fiscal frameworks. The prevailing political and economic conditions, including rising living costs and geopolitical fragmentation, are reshaping investor behaviors and risk preferences.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p><strong>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/strong><\/p>\n<p>The surge in <strong>gold prices<\/strong> in Oman indicates a significant <strong>shift in global investor sentiment<\/strong>, driven by rising geopolitical tensions and concerns over fiscal stability. This presents <strong>opportunities for businesses<\/strong> in the gold jewelry sector to capitalize on increased consumer demand, but also <strong>risks associated with market volatility<\/strong>. Smart investors should consider diversifying into <strong>hard assets like gold<\/strong>, as they can offer protection against inflation and currency debasement.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices are soaring globally, with 22-karat gold in Oman reaching RO60.200. Analysts predict prices might hit $6,000 due to mounting geopolitical tensions and concerns over currency stability. Central banks are buying gold to diversify away from the dollar.<\/p>\n","protected":false},"author":8,"featured_media":8423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[568,439,161],"class_list":["post-8422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-geopolitical-tensions","tag-gold-prices","tag-oman"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/01\/3271670.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/8422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=8422"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/8422\/revisions"}],"predecessor-version":[{"id":8424,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/8422\/revisions\/8424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/8423"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=8422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=8422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=8422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}