Gold prices rose in Yemen today, Saturday, January 29, 2022, coinciding with the global holiday for the precious metal markets.
And global markets are on a weekend, Saturday and Sunday.
Gold price in Yemen today
The price of a gram of 24 karat gold in Yemen today increased to 14424 riyals ($ 57.64), compared to 14,404 riyals ($ 57.53), yesterday.
The price of a gram of 21 karat gold (the most traded in the market) in Yemen rose to 12622 riyals ($50.44).
The price of a gram of 18 karat gold in Yemen increased today to 10818 riyals ($43.23) compared to 10803 riyals ($43.15).
In terms of economic gold transactions in Yemen today, the price of a gram of 14 karat gold rose to 8414 riyals ($ 33.62) compared to 8402 riyals ($ 33.56).
The price of an ounce and a pound of gold in Yemen
And the price of an ounce of gold in Yemen increased today, to 448,599 thousand riyals (1793 dollars), compared to about 447.951 thousand riyals (1789 dollars).
The price of the gold pound today in Yemen rose to 100,973 thousand riyals ($ 403.49), compared to 100,827 thousand riyals ($ 402.75), yesterday.
Gold prices today globally
Globally, gold prices fell at the end of the week’s trading (yesterday), to record the largest weekly losses since November, against the backdrop of the US Federal Reserve’s tough stance.
Markets digested the US Federal Reserve’s tightening policy plan which led to higher dollar and treasury yields.
And the price of gold futures contracts – for delivery in April – by the end of Friday trading, decreased by 0.5%; To reach the level of 1786.60 dollars an ounce.
And the price for immediate delivery of the yellow metal fell by 0.5%, to record $1,787.82 an ounce.
The yellow metal fell by 2.6%, equivalent to 47.5 dollars, during this week’s trading, which is its worst decline since the week ending on November 26.
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