Gold prices today in Tunisia, Saturday 12 March 2022

Gold prices rose today in Tunisia, Saturday 12 March 2022, coinciding with the weekly holiday for the precious metal markets globally.

Gold price today in Tunisia

And the price of a gram of 24-carat gold in Tunisia rose during evening trading today, to regarding 188.45 dinars ($64.05).

And the price of a gram of 21 karat gold in Tunisia (the most traded in the market) increased this evening, to regarding 164.90 dinars ($56.05).

While the price of a gram of 18 carat gold in the evening trading today in Tunisia was regarding 141.34 dinars ($48.04).

In terms of economic gold transactions in Tunisia, the price of a gram of 14 karat gold rose to regarding 109.93 dinars ($ 37.37).

Gold price per ounce and pound in Tunisia

The price of an ounce of gold rose today in Tunisia, during evening trading, to regarding 5.861 thousand dinars (1992 dollars).

The price of the gold pound (8 grams of 21 karat) this evening, in Tunisia, rose to regarding 1,319 dinars ($448.39).

Gold prices today globally

Globally, gold prices fell below $2000 an ounce when settling trading on Friday (the week’s closing session), with investors evaluating several geopolitical and economic developments.

Investors’ appetite for safe assets declined following Russian President Vladimir Putin stated that some progress had been made in talks with Ukraine, although he did not elaborate on the details of this improvement in the discussions between the two sides.

Data revealed that the “Michigan” index of consumer confidence in the United States fell to its lowest level in 11 years at 59.7 points, compared to 62.8 points last February, with fears of increasing prices in the country.

The markets are awaiting the Federal Reserve’s meeting scheduled for next week, amid expectations that the US Central Bank will raise the interest rate for the first time since the start of the “Corona” pandemic.

The US consumer price index rose 7.9% in February on an annual basis, the highest pace recorded since 1982.

And the price of gold futures contracts for April delivery fell by 0.8%, or the equivalent of $ 15.40, to reach $ 1985 an ounce when the session was settled yesterday, Friday.

In the total trading last week, the price of futures contracts for the precious metal increased by 0.9%.

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