Wednesday, February 28, 2024

Gold prices in Sudan today, Saturday, June 25, 2022 … new decline


The average price of gold in Sudan fell again today as the global weekend begins, with Saturday evening trading on Saturday, June 25, 2022.

Gold prices in Sudan today

The price of a gram of 24 carat gold in Sudan fell by 26,882 thousand pounds ($ 58.76) during the evening trade, ending yesterday at 26,902 thousand pounds.

Also in Sudan today the price of a gram of 21 carat gold (most traded in the market) fell by about 23,523 thousand pounds ($ 51.42), ending yesterday at 23,539 thousand pounds, the “gold-price-today” site specializes in gold.

The price of 18 carat gold in Sudan today fell to about 20,162 thousand pounds ($ 44.07) today from 20,176 thousand pounds at the end of yesterday.

The price of gold in Sudan today is about 15,681 thousand pounds ($ 34.28) per 14 carat gold, compared to 15,681 thousand pounds at the end of Friday.

The price of an ounce and a pound of gold in Sudan today

The price of an ounce, recorded in Sudan today, fell by about 836,042 thousand pounds ($ 1827) during the evening trade.

The price of a pound of gold (8 grams 21 carats) in Sudan today has reached about 188,181 thousand pounds ($ 411.32).

Gold prices internationally today

The rise in the price of gold on Friday (the week ended trading) led to a fall in the dollar and an increase in economic worries, but the continued struggle for the yellow metal kept it strong on the track in anticipation of the Federal Reserve raising interest rates. Recording second week decline.

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Spot gold was up 0.2% at $ 1,825.50 an ounce and US gold futures were down 0.1% at $ 1,827.10.

Stonex analyst Rona O’Connell said gold gains may have been driven by the weaker dollar.

But he noted that some FOMC members are now very soft on monetary policy.

The dollar index fell 0.2% as gold prices were lower for overseas buyers.

On the second day of his testimony before Congress on Thursday, Federal Reserve Chairman Jerome Powell said the bank’s commitment to curbing 40-year high inflation was “unconditional.” Leading to an increase in interest rates. Unemployment rates.

Raising interest rates increases the potential cost of holding non-yielding gold. Tightening the monetary policy of the central bank, along with the general strength of the dollar, led to a weekly 0.7% decline in gold prices.

Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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