Both colts, who run in the silver silks of Sheikh Hamdan bin Mohammed Al Maktoum, impressed when winning on their racecourse debuts.
Palace Pier carried Frankie Dettori to a three-and-three-quarter-length victory in a seven-furlong maiden at Sandown and is now available at a best price of 16-1 for next year’s Qipco 2000 Guineas.
The son of Kingman is the result of a joint breeding venture between Highclere Stud and the late Duke of Roxburghe, who died last month.
Offered as a yearling in book one at Tattersalls in October, Gosden purchased the colt for 600,000 guineas on behalf of his current owner.
Cape Palace, who is a son of Golden Horn, triumphed by eight lengths in a similar novice race on Newcastle’s all-weather surface under Robert Havlin.
Frankie Dettori discusses Palace Pier's debut victory with Rishi Persad
He is now broadly valued as a 25-1 chance for the Derby, the race his sire won in 2015.
“They will be looking at novices,” said Gosden about the next steps for the youngsters.
“That is the idea of novices – you win first time out, then carry the penalty and gain some more experience.
“I don’t want to go rushing off to Doncaster with them or anything. They are very much next year horses and we will see where we take it from there.
“I think Cape Palace will step up to a mile next time, while Palace Pier is likely to stay at seven.”
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