The average price of gold rose today in Sudan, Saturday 12 March 2022, despite the global gold market holiday.
Gold price today in Sudan
And the average price of a gram of 24 karat gold in Sudan today in local market transactions was 28,632 thousand pounds (64.05 dollars).
The average price of a gram of 21 karat gold in Sudan (the most traded in the market) was about 25,054 thousand pounds ($56.05).
The price of 18 karat gold today in Sudan
And the average price of a gram of 18 karat gold in Sudan, in today’s dealings in the local markets, was about 21,475 thousand pounds ($48.04).
Regarding economic gold prices in Sudan today, the average price of a gram of 14 karat gold was about 16,702 thousand pounds ($ 37.37).
The price of an ounce and the gold pound today in Sudan
The average price of an ounce in Sudan, during today’s transactions in the local markets, reached the level of 890,469 thousand pounds (1992 dollars).
And the average price of the gold pound in Sudan today (8 grams of 21 karat), reached about 200,432 thousand pounds (448.39 dollars).
Global gold prices
Globally, gold fell on Friday, the last trading day on global stock exchanges before the weekly holiday of Saturday and Sunday, as US Treasury yields increased against the background of data that indicated a significant rise in inflation, but prices are heading to achieve their second consecutive weekly gain after the lack of any progress in talks between Russia. and Ukraine.
And gold fell in spot transactions to 1984.91 dollars an ounce (an ounce) by 0615 GMT. And US gold futures fell to $1989.20.
“Trading is very much going to be war-driven again,” said Stephen Innes, managing partner at SBI Asset Management. “But what will weigh on sentiment if there is no escalation on the war front is the Federal Open Market Committee, which will be much hawkish.” A bit more than what the market thinks now.