Gold prices today, Sunday, September 19, 2021 in Sudan

Gold prices today, Sunday, September 19, 2021 in Sudan
Gold prices today, Sunday, September 19, 2021 in Sudan

Gold prices stabilized in Sudan, Sunday, September 19, 2021, with the continuation of the weekly holiday for the financial markets, and to resume their activity on Monday.

Gold price in Sudan

The price of a gram of 24-carat gold in Sudan settled at 25,337 thousand pounds ($57.39), unchanged from the closing prices of yesterday, Saturday.

The price of a gram of 21 karat gold in Sudan settled at 22,170,000 pounds ($50.22).

The price of a gram of 18 karat gold in Sudan reached 19,003 thousand pounds (43.04 dollars).

As for economic gold prices in Sudan, the price of a gram of 14 karat gold recorded about 14,780,000 pounds ($33.48). And the price of a gram of 12-carat gold recorded 12.668 thousand pounds (28.69 dollars).

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

The price of an ounce in Sudan remained at 787.975 thousand pounds ($1.785), and the price of the gold pound in Sudan stabilized, recording 177.362 thousand pounds ($401.73).

global gold prices

With a slight growth rate of 0.07% or $1.17, spot gold contracts closed trading the day before yesterday, Friday, to settle at $1,754.97 per ounce, according to data from the World Gold Exchange.

This week will be important for the yellow metal markets globally, with the start of the US Federal Open Market Committee meeting later on Tuesday, with the official press release to be issued on Wednesday evening.

A sudden increase in US retail sales in August revived fears that the Federal Reserve would cut stimulus early, supporting the dollar and paring gold’s gains.

The market already believes that the Federal Reserve will reduce bond purchases, and this should push up US Treasury yields, said Daniel Pavilonis, chief market analyst at RGO Futures.

He added that the dollar, not gold, is the beneficiary of the demand for safe havens in light of developments surrounding the real estate developer Evergrande in China.

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