Gold prices stabilized in Tunisia today, Sunday, January 30, 2022, coinciding with the weekly holiday for the precious metal markets globally.
Gold price today in Tunisia
And the price of a gram of 24 karat gold in Tunisia, during evening trading today, was about 167.27 dinars ($ 57.64).
The price of a gram of 21 karat gold stabilized today, in Tunisia, about 146.37 dinars ($ 50.44).
The price of a gram of 18 carat gold in the evening trading in Tunisia was about 125.46 dinars ($43.23).
In terms of economic gold transactions today in Tunisia, the price of a gram of 14 karat gold recorded about 97.58 dinars ($ 33.62).
Gold price per ounce and pound in Tunisia
And the price of an ounce of gold during evening trading today in Tunisia was about 5202 dinars (1793 dollars).
While the price of the gold pound during today’s trading in Tunisia reached about 1171 dinars ($403.49).
Global gold prices
At the end of last week’s trading, gold headed for its worst week since the end of last November, as it fell to a 6-week low, on Friday, with the dollar’s rise.
And gold fell in spot transactions at $1,791.70 an ounce, and gold prices rose to their highest level in more than two months earlier in the week, when heightened tensions around Ukraine and increased market volatility led to increased interest in the safe-haven metal.
Prices fell after the US Federal Reserve’s decision to keep interest rates at 0% – 0.25%, last Wednesday, and Jerome Powell, the US Federal Reserve’s president, in which he showed a tough tone and suggested raising interest rates in March.
The hypothesis of raising interest rates means that there is damage to gold and gives the dollar additional strength; Powell also emphasized the strength, stability and positivity of the US economy, which made eyes focus on the US GDP, which had forecast an increase of 5.5%, but it exceeded it and recorded an increase of 6.9%.
However, the exciting thing is what was published by Archyde.com, Friday, which states that gold contracts will end this year with an average performance of $1775.5 an ounce, and will trade in 2023 at an average of $1653 an ounce, a sharp decline that experts expect.