Gold prices stabilized in Yemen today, Sunday, August 22, 2021, amid a major recession in the country’s local market.
The price of a gram of 24 karat gold was about 14,368 riyals, equivalent to ($ 57.29).
And the price of a gram of 21 karat gold, the most traded in the market, scored about 12573 riyals ($ 50.13).
18 gram gold price in Yemen
The price of a gram of 18 karat gold was about 10,776 riyals, about (42.97) dollars.
As for economic gold prices in Yemen, the price of a gram of 14 karat gold recorded about 8,382 riyals ($ 33.42).
The price of a gram of 12-carat gold was about 7,184 riyals, about (28.64 dollars).
global gold prices
Over the course of last Friday’s trading, gold prices tried to record more increases, hoping to compensate for part of the losses they incurred over the course of this week, in conjunction with the dollar’s rise.
Although the developments of the delta axis have strengthened the stability of gold prices, and prevented them from recording greater losses, the decisions of the US Federal Reserve had the greatest impact on gold prices and supported the rise of the US dollar.
During the past week, gold prices started trading at levels of $ 1779.90 an ounce, and witnessed a lot of fluctuations throughout the week, with the anticipation of many important events and data in the world and the United States in particular, until it was able to reach levels of $ 1795.60 an ounce in the middle of the week.
With the week approaching its end, the rise of the US dollar weighed on gold and pushed prices to reach levels of 1781 dollars, at the end of last week’s session.
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