Gold prices in Sudan stabilized at high levels, Sunday, February 13, 2022, coinciding with the weekly holiday for the precious metal markets globally.
And the global gold markets are on holiday on Saturday and Sunday, and to reopen their dealings tomorrow, Monday.
Gold price today in Sudan
And the price of a gram of 24 karat gold in Sudan during the morning trading today in the local markets remained at 26,465 thousand pounds ($ 59.81).
The price of a gram of 21 karat gold in Sudan (the most traded in the market) also stabilized at 23.157 thousand pounds ($52.33); The price of a gram of 18 karat gold was regarding 19,849 thousand pounds ($ 44.86).
In terms of economic gold transactions in Sudan, the price of a gram of 14 karat gold today reached 15,438 thousand pounds (34.89 dollars).
The price of an ounce and the gold pound today in Sudan
The price of an ounce of gold in Sudan stabilized today at 823.057 thousand pounds (1860 dollars); While the price of the gold pound reached 185,258 thousand pounds (418.66 dollars).
Global gold prices
Globally, gold prices rose when settling Friday’s trading session (the last session of the week), supported by growing concerns regarding the continuation of inflationary pressures and with anticipation of monetary policy developments.
At the end of last Friday’s session, the price of an ounce of gold rose by 1.75%, or $31.80, to settle at $1,858.58 per ounce.
Concerns regarding rising prices increased following data from the US Bureau of Labor Statistics showed on Thursday that the inflation rate in the United States rose to 7.5% during last January on an annual basis, which represents the highest pace in 40 years.
On Friday, a US report said the United States believed that Russian President Vladimir Putin had decided to invade Ukraine, and had already communicated his plan to the Russian military.
During the next week, any developments in the prices of the yellow metal will be subject to geopolitical developments, and not technical fees for gold prices at the present time.
