Gold prices rose today in Kuwait, Monday, April 11, 2022, coinciding with the rise of the precious metal on global stock exchanges.
Gold price today in Kuwait
The price of a gram of 24 karat gold today in Kuwait, during evening trading, rose to about 19.12 dinars ($ 62.71).
And the price of a gram of 21 karat gold (the most traded in the market) in Kuwait today increased to about 16.73 dinars ($54.87).
The price of a gram of 18 karat gold also rose today in Kuwait, to the level of 14.34 dinars ($ 47.03).
As for economic gold prices today in Kuwait, the price of a gram of 14 karat gold scored about 11.16 dinars ($ 36.58).
Gold price per ounce and pound today in Kuwait
The price of an ounce of gold today in Kuwait, during evening trading, rose to about 594.74 dinars ($1950).
While the average price of the gold pound today in Kuwait (8 grams of 21 karat), about 133.87 dinars (438.98 dollars).
Gold prices today globally
Globally, gold prices rose during today’s trading session, amid following up on the latest developments in the Russian-Ukrainian crisis, and with the anticipation of the European Central meeting later this week.
The foreign ministers of the European Union will meet on Monday to discuss imposing a sixth package of sanctions on Moscow over the war in Ukraine, according to Agence France-Presse.
In terms of trading, gold futures contracts for June delivery rose by 0.52%, or 10.10 dollars, at 1955.70 dollars an ounce at 17:21 pm Mecca time.
And silver futures contracts for May delivery increased by 1.56% at $25.21 an ounce.
The spot price for platinum delivery rose by 1.94%, recording $998.16 an ounce, while the spot price of palladium jumped by 4.34%, or $105.46, at $2536.92 an ounce.
The gains for palladium and platinum come after the London Metal Exchange’s decision to ban the trading of newly refined Russian platinum and palladium.
The main dollar index, which measures the performance of the US currency against a basket of six currencies, declined by 0.13% at 99.669 points, after touching the 100 points level for the first time in two years last week.