The price of gold in Morocco is stable today, Sunday, March 27, 2022, in line with the weekend for global financial markets.
Gold prices in Morocco today
Also, a gram of 24 carat gold was trading at 612.05 dirhams ($ 63) in Morocco during the evening trade.
The price of a gram of 21 carat gold (most traded in the market) in the middle of today’s trade in Morocco was about 535.56 dirhams ($ 55.13).
The price of a gram of 18 carat gold in Morocco today stood at 459.05 dirhams ($ 47.25).
Economic gold in Morocco today traded at about 357.03 dirhams ($ 36.75) per 14 carat gold.
The price of an ounce and a pound of gold in Morocco today
The average price of an ounce in Morocco, trading tonight, was stable at about 19,035 thousand dirhams ($ 1959).
The average price of a pound of gold in Morocco (8 grams 21 carats) in the middle of today’s trade was about 4284 dirhams ($ 441.03).
Gold prices worldwide today
Globally, gold prices fell as the silver trade session (last session of the week) settled, but it recorded weekly gains in light of growing concerns about the Russian-Ukrainian war and inflationary pressures.
Gold futures contracted 0.4%, or $ 8, to April delivery, reaching $ 1,954.20 an ounce in early trade on Friday, but its weekly gain was about 1.3%.
Gold for June delivery also fell 0.4%, or $ 7.90, to $ 1959.80 an ounce on settlement, while its weekly gain exceeded 1.3%.