Gold prices in Lebanon stabilized during trading today, Sunday, May 22, 2022, coinciding with the weekend for global markets.
And the precious metal markets are on a weekly holiday on Saturday and Sunday.
Gold price today in Lebanon
The average price of a gram of 24-carat gold today in Lebanon, in morning transactions, stabilized at about 90,021 thousand pounds ($59.41).
And the average price of a gram of 21 karat gold (the most traded in the market) in Lebanon today was about 78.770 thousand pounds ($ 51.99).
The average price of a gram of 18 karat gold today in Lebanon has also stabilized, to about 67,517 thousand pounds ($44.56).
Regarding the prices of economic gold during today’s trading in Lebanon, the average price of a gram of 14 karat gold recorded about 52,513 thousand pounds (34.66), according to the “gold-price-today” website.
The price of an ounce and a pound of gold today in Lebanon
And the average price of an ounce of gold today in Lebanon, during early trading, was stable, to about 2.799 million pounds (1848 dollars).
While the average price of the gold pound today in Lebanon was about 630,162 thousand pounds ($415.89).
Gold prices today globally
Gold prices managed to achieve a rebound at the end of the week’s trading, last Friday, and the yellow metal achieved its first weekly gains since mid-April, as the dollar’s decline from its highest levels in two decades and growing concerns about US economic growth revived the demand for haven bullion. Security.
And by the end of the week, gold in spot transactions rose 0.2% to $ 1845.71 an ounce, and US gold futures rose 0.1% to $ 1844.30 an ounce.
Gold prices, priced in dollars, rose about 1.9% last week, as the US currency declined.