Gold prices stabilized today in Sudan during trading on Sunday, March 27, 2022, coinciding with the continuation of the weekend for global financial markets.
Gold price today in Sudan
The price of a gram of 24 karat gold today in Sudan during Sunday morning’s trading remained at the level of 28162 pounds ($63), unchanged from the closing of the first session on Friday.
The price of a gram of 18 karat gold today in Sudan reached the level of 21,122 pounds ($ 47.25).
Regarding economic gold prices today in Sudan, the price of a gram of 14 karat gold recorded regarding 16,428 pounds ($ 36.75), and the price of a gram of 14 karat gold recorded regarding 14,081 pounds ($ 31.50).
The price of 21 karat gold today in Sudan
And the price of a gram of 21 karat gold today in Sudan (the most traded in the market) reached 24643 pounds ($55.13).
The price of an ounce in Sudan today was regarding 875,852 thousand pounds (1959 dollars), and the price of the gold pound in Sudan today recorded regarding 197.142 pounds (441.03 dollars).
Gold prices today globally
Global markets are awaiting the opening of trading on Monday, following statements by US President Joe Biden, who threatened Russia to advance “one inch” to any of the territories of the NATO member states.
And last week, gold prices rose once more, reaching their highest level in 10 days; This comes even as central banks signal a tough tightening cycle this year to combat high inflation.
It is clear that there is still a lot of uncertainty and anxiety in the markets, and while central banks are trying to control inflation, the worst is yet to come according to global investment banks; With commodity prices so high, things can still get worse.
So there is still a lot of desire for safe havens and an inflation hedge, as has become clear once more, in the increased demand for gold contracts.
At the end of Friday’s session, gold prices rose by 0.02%, or 46 cents, compared to the closing session on Thursday, to record the price of one ounce at 1958.20 dollars.
