Gold prices today, Thursday, October 21, 2021 in Algeria

Gold prices today, Thursday, October 21, 2021 in Algeria
Gold prices today, Thursday, October 21, 2021 in Algeria

Gold prices fell in Algeria, this evening, Thursday, October 21, despite the rise in the prices of the precious metal globally.

Gold price in Algeria today

And the price of a gram of 24 karat gold, in Algeria, during evening trading today, was about 7831 dinars ($ 57.28).

The price of a gram of 21 karat gold, in Algeria (the most traded in the market), was also recorded at 6852 dinars ($50.12).

The price of a gram of 18 karat gold, in Algeria, during today’s trading, reached the level of 5873 dinars ($ 42.96).

As for economic gold prices in Algeria, the price of a gram of 14 karat gold was about 4568 dinars ($ 33.42), and the price of a gram of 12 karat gold was about 3,915 dinars ($ 28.64).

Gold price per ounce and pound

The price of an ounce of gold in Algeria fell during evening trading today, to about 243,540 thousand dinars (1,782 dollars).

While the price of the gold pound in Algeria, (8 grams of 21 karat), was about 54,817 thousand dinars ($ 400.99).

Gold prices today

Gold prices rose on Thursday, benefiting from growing global inflation fears and worries about supply chain constraints that could undermine global economic growth.

According to Bloomberg, spot gold prices increased 0.19%, or $3.32, to $1,785.40 an ounce, by 1:55 am ET.

Gold futures prices for December 2021 delivery also increased by 0.05%, or $0.9, to record $1,785.80 an ounce.

Gold prices continue to rise for the second day in a row, amid the dollar’s vibration, which made gold cheaper for foreign buyers.

And Christopher Waller, a member of the US Central Bank of Governors, said on Tuesday that if inflation continues to rise at its current pace over the next few months, the bank’s decision-makers may need a more aggressive policy approach next year.

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