Gold prices in Lebanon stabilized during trading today, Sunday, June 12, 2022, while the markets are witnessing quiet trading in light of the decline of the lira.
Global markets, weekly holiday on Saturday and Sunday.
Gold price today in Lebanon
The average price of a gram of 24-carat gold today in Lebanon, during evening trading, was regarding 91.722 thousand pounds ($60.23), according to the “gold-price-today” website, which specializes in gold prices.
The average price of a gram of 21 karat gold (the most traded in the market) in Lebanon today was regarding 80,258 thousand pounds ($52.70).
The average price of a gram of 18 karat gold today in Lebanon remained at 68.792 thousand pounds ($ 45.17).
Regarding economic gold prices during today’s trading in Lebanon, the average price of a gram of 14 karat gold recorded regarding 53,505 thousand pounds ($ 35.14).
The price of an ounce and a pound of gold today in Lebanon
And the average price of an ounce of gold today in Lebanon, during evening trading, was regarding 2.852 million pounds (1873 dollars).
While the average price of the gold pound today in Lebanon was regarding 642,067 thousand pounds (421.63 dollars).
Gold prices today globally
Gold prices turned upward when settling Friday’s trading session (the end of the last week), following US inflation accelerated to its highest level in 41 years.
And the price of gold futures contracts for August delivery rose 1.2%, or $22.70, to reach $1,875.50 an ounce upon settlement, following falling earlier in trading at $1,826.50.
In the last week’s trading, the precious metal futures contract increased by 1.4%.
