Gold prices stabilized today in Morocco, on the evening of trading Sunday, July 17, 2022, amid a noticeable calm in the markets.
Gold price today in Morocco
A gram of 24 karat gold today in Morocco, in evening trading, amounted to 574.03 dirhams ($ 54.97), the same prices at the end of trading yesterday.
And the price of a gram of 18 karat gold today in Morocco at jewelers and dealers shops was about 430.53 dirhams ($ 41.23), according to the “gold-price-today” platform, which specializes in monitoring gold prices daily.
As for economic gold prices today in Morocco, the price of a gram of 14 karat gold scored about 334.85 dirhams ($ 32.07), and the price of a gram of 12 karat gold recorded about 287.01 dirhams ($ 27.49).
The price of 21 karat gold today in Morocco
The price of a gram of 21 karat gold today in Morocco (the most traded in the market) remained at 502.29 dirhams ($48.1), which is the same as the trading prices at yesterday’s closing.
The price of an ounce today in Morocco was about 17,852 dirhams (1710 dollars), and the price of the gold pound today in Morocco was about 4018 dirhams (384.81 dollars).
Global gold prices
Gold prices fell at the end of trading last week, on Friday, to record the fifth weekly decline in a row, as the continuous rise of the dollar and fears of a sharp rise in US interest rates affected the demand for bullion.
The price of gold fell 2.1% during the week’s trading.