Gold prices in Lebanon declined today, Wednesday, February 23, 2022, despite the rise of “the precious” globally, amid expectations of a decline at the resistance points.
The price of a gram of 24-carat gold in Lebanon fell today, Wednesday, during morning trading, to reach 92,363 thousand pounds ($61.03).
The price of a gram of 18 karat gold in Lebanon fell today, Wednesday, to record about 69,273 thousand pounds ($ 45.77).
As for economic gold prices in Lebanon today, Wednesday, the price of a gram of 14 karat gold recorded about 53,879 thousand pounds ($ 35.60), and the price of a gram of 12 karat gold recorded about 46,182 thousand pounds ($ 30.51).
The price of a gram of gold in Lebanon fell today, Wednesday, to reach 80,820 thousand pounds (53.40 dollars).
The price of an ounce in Lebanon today was about 2.872 million pounds (1898 dollars), and the price of the gold pound in Lebanon today (8 grams of 21 karat) recorded about 646.557 thousand pounds (427.21 dollars).
Gold futures rose during the Asian session on Wednesday, and April gold futures were trading at $1,911.85 an ounce at the time of writing, up 0.63%, according to the Comex rating of the New York Mercantile Exchange.
The price of an ounce rose during a previous session to reach $1918.30, amid expectations that gold will find support points at the level of 1888 countries per ounce, and resistance at the level of $1918.30 an ounce.
And the dollar index contracts, which measures the performance of the US currency against a basket of six other major currencies, rose 0.10% to trade at $96,112.
The price of silver for the month of March rose by 0.95% to be traded at 24.220 dollars an ounce, and the price of copper for the month of March rose by 0.16% to be traded at 4.4910 dollars per pound.