Gold prices rose today in Syria during trading Thursday, March 31, 2022, affected by the rise of “Al-Nafis” globally due to the uncertainty of geopolitical tensions.
Gold price today in Syria
The price of a gram of 24-carat gold rose today in Syria during Thursday evening trading, reaching 156,988 thousand pounds (62.50 dollars).
And the price of a gram of 18 karat gold increased today in Syria during Thursday evening’s trading, to record about 117,743 thousand pounds ($ 46.87).
As for economic gold prices today in Syria, the price of a gram of 14 karat gold recorded about 91,577 thousand pounds ($ 36.46), and the price of a gram of 12 karat gold recorded about 78,494 thousand pounds ($ 31.25).
The price of 21 karat gold today in Syria
The price of a gram of 21 karat gold today in Syria (the most traded in the market) during Thursday evening’s trading was about 137,368 thousand pounds ($54.68).
And the price of an ounce (an ounce, equivalent to 31 grams) today in Syria during Thursday evening’s trading was about 4.882 million pounds (1944 dollars), and the price of the gold pound today in Syria recorded about 1.098 million pounds (437.48 dollars).
Gold prices today globally
Gold is set to post its biggest quarterly gain on Thursday since the coronavirus pandemic-led rally in mid-2020, as concerns over rising consumer prices and the Ukraine crisis boosted bullion’s safe-haven appeal.
And gold rose in spot transactions 0.4% to $ 1940.95 an ounce by 1622 GMT. On a monthly basis, bullion rose about 1.7%.
US gold futures rose 0.4% to $1,946.90.
Gold is a safe store of value in times of political and financial uncertainty, and is seen as a hedge against rising inflation.
Data showed US consumer spending slowed significantly in February, while price pressures continued to mount, with the largest annual rise in inflation since the early 1980s.
The Russian invasion, which began on February 24, has pushed up the price of oil and other minerals in the sector.
Silver rose 0.1% to $24.86 an ounce, and platinum fell 0.7% to $983.50, but the two metals are heading for a quarterly gain.
Palladium rose 0.2% to $2,269.97, and is on track to post its biggest quarterly jump since March 2020.