Gold prices in Kuwait declined today, Monday, January 3, 2022, despite the stability of the precious metal globally in morning trading.
Gold price in Kuwait today
And the price of a gram of 24 karat gold in Kuwait, during the morning trading today, Monday, was about 17.77 dinars ($ 58.73).
The price of a gram of 21 karat gold (the most traded in the market) also fell at the opening of trading on Monday in Kuwait, recording 15.55 dinars ($ 51.39).
The price of a gram of 18 karat gold in Kuwait fell this morning, Monday, at 13.33 dinars ($ 44.05).
In terms of economic gold transactions in Kuwait today, Monday, the price of a gram of 14 karat gold reached about 10.36 dinars ($ 34.26).
The price of an ounce and a pound of gold in Kuwait
And the price of an ounce of gold in Kuwait today, Monday, during early trading, scored about 552.55 dinars (1827 dollars).
While the price of the gold pound, at the beginning of trading today, Monday in Kuwait, reached about 124.37 dinars (411.12 dollars).
Global gold prices
Globally, gold prices rose to their highest level in six weeks before giving up their gains and stabilizing on Monday after gold purchases, which were boosted by the high infections of the mutated Omicron strain of the Corona virus, counterbalanced pressures from rising US Treasury yields. There was little change in the price of gold in spot transactions, recording $ 1826.58 an ounce (an ounce) by 0313 GMT, after reaching its highest level since November 22 at $ 1831.49 earlier in the session. US gold futures were down 0.1% at $1,826.70.
As for other precious metals, silver fell 0.5% in spot transactions to $23.15 an ounce, and platinum rose 0.4 percent to $966.00.
Palladium rose 0.4 percent to $ 1899.81 an ounce.